Kanzhun Ltd ADR (BZ) Shares Plummet Below 1-Year High

Kanzhun Ltd ADR (NASDAQ: BZ) has experienced a decline in its stock price by -1.31 compared to its previous closing price of 14.12. However, the company has seen a gain of 0.04% in its stock price over the last five trading days. zacks.com reported 2024-08-21 that Kanzhun (BZ) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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

The price-to-earnings ratio for Kanzhun Ltd ADR (NASDAQ: BZ) is above average at 34.40x. The 36-month beta value for BZ is also noteworthy at 0.48. 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 332.54M, and at present, short sellers hold a 2.86% of that float. The average trading volume of BZ on August 27, 2024 was 3.87M shares.

BZ’s Market Performance

The stock of Kanzhun Ltd ADR (BZ) has seen a 0.04% increase in the past week, with a 1.27% rise in the past month, and a -34.27% fall in the past quarter. The volatility ratio for the week is 3.79%, and the volatility levels for the past 30 days are at 4.08% for BZ. The simple moving average for the past 20 days is 0.04% for BZ’s stock, with a -18.46% simple moving average for the past 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 -14.52% 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 -38.72% of loss for the given period.

Volatility was left at 4.08%, however, over the last 30 days, the volatility rate increased by 3.79%, as shares surge +2.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -31.58% lower at present.

During the last 5 trading sessions, BZ fell by -0.39%, which changed the moving average for the period of 200-days by -8.48% in comparison to the 20-day moving average, which settled at $13.95. In addition, Kanzhun Ltd ADR saw -16.10% 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 6.71. 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 summary, Kanzhun Ltd ADR (BZ) 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.

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