Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC)’s stock price has increased by 14.63 compared to its previous closing price of 2.87. However, the company has seen a 24.15% increase 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?
Additionally, the 36-month beta value for KC is 2.10. 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 currently, short sellers hold a 3.25% ratio of that float. The average trading volume of KC on April 26, 2024 was 1.26M shares.
KC’s Market Performance
KC stock saw an increase of 24.15% in the past week, with a monthly gain of 12.29% and a quarterly increase of 25.10%. The volatility ratio for the week is 4.56%, and the volatility levels for the last 30 days are 5.19% for Kingsoft Cloud Holdings Ltd ADR (KC). The simple moving average for the last 20 days is 14.06% for KC stock, with a simple moving average of -21.85% for the last 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 10.92% 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 -55.66% of loss for the given period.
Volatility was left at 5.19%, however, over the last 30 days, the volatility rate increased by 4.56%, as shares surge +8.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.12% upper at present.
During the last 5 trading sessions, KC rose by +23.96%, which changed the moving average for the period of 200-days by -42.67% in comparison to the 20-day moving average, which settled at $2.90. In addition, Kingsoft Cloud Holdings Ltd ADR saw -12.96% 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:
- -0.3 for the present operating margin
- 0.12 for the gross margin
The net margin for Kingsoft Cloud Holdings Ltd ADR stands at -0.31. The total capital return value is set at -0.26. 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 0.25 points at debt to capital in total, while cash flow to debt ratio is standing at 0.05. The debt to equity ratio resting at 0.33. The interest coverage ratio of the stock is -21.29.
Currently, EBITDA for the company is -514.4 million with net debt to EBITDA at -0.0. When we switch over and look at the enterprise to sales, we see a ratio of 0.89. The receivables turnover for the company is 3.92for trailing twelve months and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.89.
Conclusion
In conclusion, Kingsoft Cloud Holdings Ltd ADR (KC) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
