Kanzhun Ltd ADR (NASDAQ: BZ) has seen a decline in its stock price by -4.48 in relation to its previous close of 14.77. However, the company has experienced a -0.92% decline in its stock price over the last five trading sessions. globenewswire.com reported 2024-08-16 that BEIJING, Aug. 16, 2024 (GLOBE NEWSWIRE) — KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today announced that it will report its unaudited consolidated results for the second quarter ended June 30, 2024, before the U.S. market opens on Wednesday, August 28, 2024.
Is It Worth Investing in Kanzhun Ltd ADR (NASDAQ: BZ) Right Now?
Kanzhun Ltd ADR (NASDAQ: BZ) has a price-to-earnings ratio of 34.83x that is above its average ratio. Additionally, the 36-month beta value for BZ is 0.49. 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.”
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The public float for BZ is 332.06M and currently, short sellers hold a 2.88% ratio of that float. The average trading volume of BZ on August 20, 2024 was 4.00M shares.
BZ’s Market Performance
The stock of Kanzhun Ltd ADR (BZ) has seen a -0.92% decrease in the past week, with a -12.10% drop in the past month, and a -37.66% fall in the past quarter. The volatility ratio for the week is 4.27%, and the volatility levels for the past 30 days are at 4.19% for BZ. The simple moving average for the last 20 days is 1.16% for BZ stock, with a simple moving average of -17.54% for the last 200 days.
Analysts’ Opinion of BZ
HSBC Securities, on the other hand, stated in their research note that they expect to see BZ reach a price target of $30. The rating they have provided for BZ stocks is “Buy” according to the report published on May 24th, 2024.
New Street gave a rating of “Buy” to BZ, setting the target price at $25 in the report published on March 13th of the current year.
BZ Trading at -16.79% 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 -37.96% of loss for the given period.
Volatility was left at 4.19%, however, over the last 30 days, the volatility rate increased by 4.27%, as shares sank -11.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -34.17% lower at present.
During the last 5 trading sessions, BZ fell by -0.98%, which changed the moving average for the period of 200-days by -3.29% in comparison to the 20-day moving average, which settled at $13.86. In addition, Kanzhun Ltd ADR saw -15.06% 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:
- 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 6.11. 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
In conclusion, Kanzhun Ltd ADR (BZ) has seen bad 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.
