36Kr Holdings Inc ADR (KRKR) Shares Plummet Below 1-Year High

36Kr Holdings Inc ADR (NASDAQ: KRKR)’s stock price has decreased by -6.68 compared to its previous closing price of 0.38. However, the company has seen a -8.75% decrease in its stock price over the last five trading sessions. investorplace.com reported 2024-06-21 that 36Kr (NASDAQ: KRKR ) stock is up on Friday after the Chinese content creation company announced a new partnership with SenseTime (OTCMKTS:SNTMF). SenseTime is an artificial intelligence ( AI ) company with a focus on Artificial General Intelligence.

Is It Worth Investing in 36Kr Holdings Inc ADR (NASDAQ: KRKR) Right Now?

The stock has a 36-month beta value of 0.61. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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On June 25, 2024, the average trading volume of KRKR was 1.23M shares.

KRKR’s Market Performance

The stock of 36Kr Holdings Inc ADR (KRKR) has seen a -8.75% decrease in the past week, with a -15.85% drop in the past month, and a -11.02% fall in the past quarter. The volatility ratio for the week is 24.36%, and the volatility levels for the past 30 days are at 14.60% for KRKR. The simple moving average for the past 20 days is -12.14% for KRKR’s stock, with a -35.07% simple moving average for the past 200 days.

KRKR Trading at -9.22% from the 50-Day Moving Average

After a stumble in the market that brought KRKR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -65.90% of loss for the given period.

Volatility was left at 14.60%, however, over the last 30 days, the volatility rate increased by 24.36%, as shares sank -22.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.21% lower at present.

During the last 5 trading sessions, KRKR fell by -8.65%, which changed the moving average for the period of 200-days by -53.32% in comparison to the 20-day moving average, which settled at $0.3984. In addition, 36Kr Holdings Inc ADR saw -36.68% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for KRKR

Current profitability levels for the company are sitting at:

  • -0.28 for the present operating margin
  • 0.54 for the gross margin

The net margin for 36Kr Holdings Inc ADR stands at -0.27. The total capital return value is set at -0.33. Equity return is now at value -30.41, with -17.42 for asset returns.

Based on 36Kr Holdings Inc ADR (KRKR), the company’s capital structure generated 0.15 points at debt to capital in total, while cash flow to debt ratio is standing at 1.3. The debt to equity ratio resting at 0.18. The interest coverage ratio of the stock is 49.46.

Currently, EBITDA for the company is -76.43 million with net debt to EBITDA at -0.05. When we switch over and look at the enterprise to sales, we see a ratio of 0.35. The receivables turnover for the company is 2.44for trailing twelve months and the total asset turnover is 0.74. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.60.

Conclusion

To sum up, 36Kr Holdings Inc ADR (KRKR) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing 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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