The stock price of Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) has plunged by -3.45 when compared to previous closing price of 3.19, but the company has seen a 5.12% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-21 that Kingsoft Cloud (KC) made it through our ‘Fast-Paced Momentum at a Bargain’ screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Is It Worth Investing in Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) Right Now?
The 36-month beta value for KC is also noteworthy at 2.11. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for KC is 236.00M, and at present, short sellers hold a 3.05% of that float. The average trading volume of KC on April 05, 2024 was 1.43M shares.
KC’s Market Performance
The stock of Kingsoft Cloud Holdings Ltd ADR (KC) has seen a 5.12% increase in the past week, with a 23.69% rise in the past month, and a -11.24% fall in the past quarter. The volatility ratio for the week is 6.07%, and the volatility levels for the past 30 days are at 7.41% for KC. The simple moving average for the past 20 days is -2.58% for KC’s stock, with a -30.97% simple moving average for the past 200 days.
Analysts’ Opinion of KC
Many brokerage firms have already submitted their reports for KC stocks, with CLSA repeating the rating for KC by listing it as a “Outperform.” The predicted price for KC in the upcoming period, according to CLSA is $4.40 based on the research report published on March 21, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see KC reach a price target of $5. The rating they have provided for KC stocks is “Buy” according to the report published on March 21st, 2024.
KC Trading at 5.74% from the 50-Day Moving Average
After a stumble in the market that brought KC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -67.13% of loss for the given period.
Volatility was left at 7.41%, however, over the last 30 days, the volatility rate increased by 6.07%, as shares surge +16.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.22% upper at present.
During the last 5 trading sessions, KC rose by +5.12%, which changed the moving average for the period of 200-days by -51.03% in comparison to the 20-day moving average, which settled at $3.18. In addition, Kingsoft Cloud Holdings Ltd ADR saw -18.52% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for KC
Current profitability levels for the company are sitting at:
- -0.33 for the present operating margin
- 0.1 for the gross margin
The net margin for Kingsoft Cloud Holdings Ltd ADR stands at -0.32. The total capital return value is set at -0.29. Equity return is now at value -27.49, with -13.33 for asset returns.
Based on Kingsoft Cloud Holdings Ltd ADR (KC), the company’s capital structure generated 0.13 points at debt to capital in total, while cash flow to debt ratio is standing at 0.42. The debt to equity ratio resting at 0.15. The interest coverage ratio of the stock is -18.57.
Currently, EBITDA for the company is -2.19 billion with net debt to EBITDA at 0.87. When we switch over and look at the enterprise to sales, we see a ratio of 0.5. The receivables turnover for the company is 3.57for trailing twelve months and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.89.
Conclusion
In summary, Kingsoft Cloud Holdings Ltd ADR (KC) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
