Kanzhun Ltd ADR (BZ) Stock: A Study of the Market Performance

The stock of Kanzhun Ltd ADR (BZ) has seen a -0.76% decrease in the past week, with a -8.28% drop in the past month, and a 6.47% flourish in the past quarter. The volatility ratio for the week is 3.77%, and the volatility levels for the past 30 days are at 3.48% for BZ. The simple moving average for the past 20 days is -4.01% for BZ’s stock, with a 20.85% simple moving average for the past 200 days.

Is It Worth Investing in Kanzhun Ltd ADR (NASDAQ: BZ) Right Now?

Kanzhun Ltd ADR (NASDAQ: BZ) has a higher price-to-earnings ratio of 50.20x compared to its average ratio. BZ has 36-month beta value of 0.51. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for BZ is 326.38M, and currently, short sellers hold a 4.15% ratio of that float. The average trading volume of BZ on June 18, 2024 was 4.12M shares.

BZ) stock’s latest price update

Kanzhun Ltd ADR (NASDAQ: BZ) has seen a decline in its stock price by -0.02 in relation to its previous close of 20.34. However, the company has experienced a -0.76% decline in its stock price over the last five trading sessions. globenewswire.com reported 2024-06-17 that BEIJING, June 17, 2024 (GLOBE NEWSWIRE) — Kanzhun Limited (Nasdaq: BZ), which operates China’s largest online recruitment platform BOSS Zhipin*, visits the Nasdaq MarketSite in Times Square.

Analysts’ Opinion of BZ

Many brokerage firms have already submitted their reports for BZ stocks, with HSBC Securities repeating the rating for BZ by listing it as a “Buy.” The predicted price for BZ in the upcoming period, according to HSBC Securities is $30 based on the research report published on May 24, 2024 of the current year 2024.

New Street, on the other hand, stated in their research note that they expect to see BZ reach a price target of $25, previously predicting the price at $17. The rating they have provided for BZ stocks is “Buy” according to the report published on March 13th, 2024.

BZ Trading at 0.03% 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 -10.58% of loss for the given period.

Volatility was left at 3.48%, however, over the last 30 days, the volatility rate increased by 3.77%, as shares sank -10.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.02% upper at present.

During the last 5 trading sessions, BZ fell by -0.76%, which changed the moving average for the period of 200-days by +37.40% in comparison to the 20-day moving average, which settled at $21.07. In addition, Kanzhun Ltd ADR saw 22.43% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for BZ

Current profitability levels for the company are sitting at:

  • 0.12 for the present operating margin
  • 0.83 for the gross margin

The net margin for Kanzhun Ltd ADR stands at 0.21. The total capital return value is set at 0.05. Equity return is now at value 9.97, with 7.66 for asset returns.

Based on Kanzhun Ltd ADR (BZ), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 13.26.

Currently, EBITDA for the company is 1.01 billion with net debt to EBITDA at -3.07. When we switch over and look at the enterprise to sales, we see a ratio of 9.61. The receivables turnover for the company is 199.36for trailing twelve months and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.83.

Conclusion

To put it simply, Kanzhun Ltd ADR (BZ) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.

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