The price-to-earnings ratio for Kanzhun Limited (NASDAQ: BZ) is 467.67x, which is above its average ratio. Analysts have varying opinions on the stock, with 14 analysts rating it as a “buy,” 3 as “overweight,” 0 as “hold,” and 1 as “sell.”
The average price recommended by analysts for Kanzhun Limited (BZ) is $159.70, which is $10.12 above the current market price. The public float for BZ is 178.40M and currently, short sellers hold a 8.15% of that float. On May 26, 2023, BZ’s average trading volume was 2.67M shares.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
Sponsored
BZ) stock’s latest price update
The stock of Kanzhun Limited (NASDAQ: BZ) has increased by 0.78 when compared to last closing price of 14.03. Despite this, the company has experienced a -18.74% fall in its stock price over the last five trading sessions. The Wall Street Journal reported on 06/29/22 that China Eases Regulatory Restraints on Two Tech Platforms
BZ’s Market Performance
Kanzhun Limited (BZ) has experienced a -18.74% fall in stock performance for the past week, with a -21.01% drop in the past month, and a -29.48% drop in the past quarter. The volatility ratio for the week is 7.21%, and the volatility levels for the past 30 days are at 5.33% for BZ. The simple moving average for the last 20 days is -19.83% for BZ stock, with a simple moving average of -26.68% for the last 200 days.
BZ Trading at -21.25% from the 50-Day Moving Average
After a stumble in the market that brought BZ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -51.97% of loss for the given period.
Volatility was left at 5.33%, however, over the last 30 days, the volatility rate increased by 7.21%, as shares sank -24.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.89% lower at present.
During the last 5 trading sessions, BZ fell by -19.43%, which changed the moving average for the period of 200-days by -35.48% in comparison to the 20-day moving average, which settled at $17.41. In addition, Kanzhun Limited saw -30.58% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BZ
Current profitability levels for the company are sitting at:
- -3.26 for the present operating margin
- +83.27 for the gross margin
The net margin for Kanzhun Limited stands at +2.38. The total capital return value is set at -1.27, while invested capital returns managed to touch 0.94. Equity return is now at value 0.90, with 0.70 for asset returns.
Based on Kanzhun Limited (BZ), the company’s capital structure generated 2.53 points at debt to equity in total, while total debt to capital is 2.47. Total debt to assets is 1.99, with long-term debt to equity ratio resting at 1.23. Finally, the long-term debt to capital ratio is 1.20.
When we switch over and look at the enterprise to sales, we see a ratio of 8.64, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 20.03 and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.56.
Conclusion
To wrap up, the performance of Kanzhun Limited (BZ) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.