At the time of writing, Kingsoft Cloud Holdings Ltd ADR [KC] stock is trading at $9.25, up 3.70%. An important factor to consider is whether the stock is rising or falling in short-term value. The KC shares have gain 38.27% over the last week, with a monthly amount glided 145.36%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Kingsoft Cloud Holdings Ltd ADR [NASDAQ: KC] stock has seen the most recent analyst activity on December 06, 2024, when UBS upgraded its rating to a Buy and also boosted its price target to $12.50 from $4.20. Previously, Nomura upgraded its rating to Buy on November 22, 2024, and elevated its price target to $6.70. On March 21, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $4.40 on the stock. Citigroup upgraded its rating to a Buy but stick to its price target of $5 on March 21, 2024. JP Morgan upgraded its rating to a Overweight. Goldman upgraded its rating to Neutral for this stock on June 01, 2023, but kept the price target unchanged to $4.50. In a note dated April 24, 2023, Goldman downgraded an Sell rating on this stock and boosted its target price from $4 to $5.10.
For the past year, the stock price of Kingsoft Cloud Holdings Ltd ADR fluctuated between $2.02 and $9.46. Currently, Wall Street analysts expect the stock to reach $3.2 within the next 12 months. Kingsoft Cloud Holdings Ltd ADR [NASDAQ: KC] shares were valued at $9.25 at the most recent close of the market. An investor can expect a potential drop of -65.41% based on the average KC price forecast.
Analyzing the KC fundamentals
According to Kingsoft Cloud Holdings Ltd ADR [NASDAQ:KC], the company’s sales were 1.01B for trailing twelve months, which represents an 17.30% jump. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at -0.28%, Pretax Profit Margin comes in at -0.28%, and Net Profit Margin reading is -0.28%. To continue investigating profitability, this company’s Return on Assets is posted at -0.12, Equity is -0.33 and Total Capital is -0.27. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.45.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.77 points at the first support level, and at 8.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.59, and for the 2nd resistance point, it is at 9.93.
Ratios To Look Out For
It is important to note that Kingsoft Cloud Holdings Ltd ADR [NASDAQ:KC] has a current ratio of 0.67. On the other hand, the Quick Ratio is 0.67, and the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 2.32, the price to book ratio is 3.00.
Transactions by insiders
Recent insider trading involved Tian Kaiyan, Vice President, that happened on Nov 21 ’24 when 3200.0 shares were purchased. Senior Vice President, Liu Tao completed a deal on Nov 21 ’24 to buy 60000.0 shares.
