The stock of Kanzhun Ltd ADR (NASDAQ: BZ) has increased by 6.52 when compared to last closing price of 17.18. Despite this, the company has experienced a 43.75% gain in its stock price over the last five trading sessions. zacks.com reported 2024-09-25 that Kanzhun (BZ) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
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 42.24x compared to its average ratio. BZ has 36-month beta value of 0.50. Analysts have mixed views on the stock, with 12 analysts rating it as a “buy,” 10 as “overweight,” 2 as “hold,” and 0 as “sell.”
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The public float for BZ is 332.63M, and currently, short sellers hold a 4.48% ratio of that float. The average trading volume of BZ on September 30, 2024 was 4.83M shares.
BZ’s Market Performance
The stock of Kanzhun Ltd ADR (BZ) has seen a 43.75% increase in the past week, with a 48.54% rise in the past month, and a -1.72% fall in the past quarter. The volatility ratio for the week is 5.88%, and the volatility levels for the past 30 days are at 4.33% for BZ. The simple moving average for the past 20 days is 40.70% for BZ’s stock, with a 9.23% 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 34.78% 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 -19.53% of loss for the given period.
Volatility was left at 4.33%, however, over the last 30 days, the volatility rate increased by 5.88%, as shares surge +48.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.64% upper at present.
During the last 5 trading sessions, BZ rose by +45.09%, which changed the moving average for the period of 200-days by +20.40% in comparison to the 20-day moving average, which settled at $13.31. In addition, Kanzhun Ltd ADR saw 10.17% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BZ starting from Techwolf Limited, who proposed sale 120,000 shares at the price of $17.18 back on Sep 30 ’24. After this action, Techwolf Limited now owns shares of Kanzhun Ltd ADR, valued at $2,061,600 using the latest closing price.
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 7.48. 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 put it simply, Kanzhun Ltd ADR (BZ) has had a better 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 is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
