While Kingsoft Cloud Holdings Ltd ADR has overperformed by 24.74%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, KC rose by 51.31%, with highs and lows ranging from $6.54 to $2.02, whereas the simple moving average jumped by 144.45% in the last 200 days.
On November 22, 2024, Nomura Upgraded Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) to Buy. A report published by CLSA on March 21, 2024, Upgraded its rating to ‘Outperform’ for KC. Citigroup also Upgraded KC shares as ‘Buy’, setting a target price of $5 on the company’s shares in a report dated March 21, 2024. Goldman June 01, 2023d its ‘Sell’ rating to ‘Neutral’ for KC, as published in its report on June 01, 2023. Goldman’s report from April 24, 2023 suggests a price prediction of $5.10 for KC shares, giving the stock a ‘Sell’ rating. Citigroup also rated the stock as ‘Neutral’.
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Analysis of Kingsoft Cloud Holdings Ltd ADR (KC)
Further, the quarter-over-quarter increase in sales is 17.30%, showing a positive trend in the upcoming months.
To gain a thorough understanding of Kingsoft Cloud Holdings Ltd ADR’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of -33.16% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.67, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and KC is recording an average volume of 2.86M. On a monthly basis, the volatility of the stock is set at 9.33%, whereas on a weekly basis, it is put at 14.11%, with a gain of 42.77% over the past seven days. Furthermore, long-term investors anticipate a median target price of $5.77, showing decline from the present price of $7.21, which can serve as yet another indication of whether KC is worth investing in or should be passed over.
How Do You Analyze Kingsoft Cloud Holdings Ltd ADR Shares?
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.06%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 8.76% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
KC shares are owned by institutional investors to the tune of 8.76% at present.
