Evaluating the Impact of -1.76 Increase on Kanzhun Ltd ADR’s (BZ) Stock

The stock of Kanzhun Ltd ADR (BZ) has seen a -13.74% decrease in the past week, with a -9.52% drop in the past month, and a -43.17% decrease in the past quarter. The volatility ratio for the week is 10.35%, and the volatility levels for the past 30 days are at 5.68% for BZ. The simple moving average for the past 20 days is -11.96% for BZ’s stock, with a -29.38% 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 price-to-earnings ratio that is above its average at 27.76x. The stock has a 36-month beta value of 0.46. Opinions on the stock are mixed, with 12 analysts rating it as a “buy,” 10 as “overweight,” 1 as “hold,” and 0 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. On September 04, 2024, the average trading volume of BZ was 4.04M shares.

BZ) stock’s latest price update

The stock of Kanzhun Ltd ADR (NASDAQ: BZ) has decreased by -1.76 when compared to last closing price of 12.24.Despite this, the company has seen a loss of -13.74% in its stock price over the last five trading days. seekingalpha.com reported 2024-09-04 that Kanzhun remains a buy despite the recent sell-off; long-term growth potential is intact with strong fundamentals and user growth. 2Q24 earnings showed 29% y/y revenue growth and 27% y/y adjusted net profit growth; management’s conservative 3Q24 guidance caused a share price drop. BZ’s expansion into new verticals and international markets, along with strong user growth, underscore its robust growth potential.

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 -22.44% 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 -47.12% of loss for the given period.

Volatility was left at 5.68%, however, over the last 30 days, the volatility rate increased by 10.35%, as shares sank -12.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -40.36% lower at present.

During the last 5 trading sessions, BZ fell by -13.93%, which changed the moving average for the period of 200-days by -29.21% in comparison to the 20-day moving average, which settled at $13.57. In addition, Kanzhun Ltd ADR saw -27.60% 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:

  • 0.14 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 0.06. Equity return is now at value 10.36, with 8.05 for asset returns.

Based on Kanzhun Ltd ADR (BZ), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 8.85.

Currently, EBITDA for the company is 1.01 billion with net debt to EBITDA at -2.81. When we switch over and look at the enterprise to sales, we see a ratio of 4.67. The receivables turnover for the company is 191.86for trailing twelve months and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.58.

Conclusion

To sum up, Kanzhun Ltd ADR (BZ) 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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