The stock of Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) has decreased by -1.42 when compared to last closing price of 2.81.Despite this, the company has seen a loss of -2.12% in its stock price over the last five trading days. gurufocus.com reported 2024-10-02 that As of Wednesday, Kingsoft Cloud (KC, Financial) saw its shares rise by more than 24%, trading at $3.968 per share, with a market capitalization exceeding $940 million. This surge follows the company’s recent announcement of a financing lease agreement between its affiliated entity, Kingsoft Cloud (Qingyang) Data, and China Cinda’s subsidiary, Cinda Financial Leasing.
Is It Worth Investing in Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) Right Now?
KC has 36-month beta value of 1.99. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 3 as “overweight,” 3 as “hold,” and 0 as “sell.”
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The public float for KC is 253.53M, and currently, short sellers hold a 2.67% ratio of that float. The average trading volume of KC on November 05, 2024 was 2.03M shares.
KC’s Market Performance
KC stock saw a decrease of -2.12% in the past week, with a monthly decline of -28.97% and a quarterly a decrease of 13.99%. The volatility ratio for the week is 5.21%, and the volatility levels for the last 30 days are 5.76% for Kingsoft Cloud Holdings Ltd ADR (KC). The simple moving average for the last 20 days is -4.04% for KC’s stock, with a simple moving average of -1.08% for the last 200 days.
Analysts’ Opinion of KC
Many brokerage firms have already submitted their reports for KC stocks, with CLSA repeating the rating for KC by listing it as a “Outperform.” The predicted price for KC in the upcoming period, according to CLSA is $4.40 based on the research report published on March 21, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see KC reach a price target of $5. The rating they have provided for KC stocks is “Buy” according to the report published on March 21st, 2024.
KC Trading at 1.99% from the 50-Day Moving Average
After a stumble in the market that brought KC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -52.24% of loss for the given period.
Volatility was left at 5.76%, however, over the last 30 days, the volatility rate increased by 5.21%, as shares sank -33.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.92% upper at present.
During the last 5 trading sessions, KC fell by -2.12%, which changed the moving average for the period of 200-days by +4.53% in comparison to the 20-day moving average, which settled at $2.89. In addition, Kingsoft Cloud Holdings Ltd ADR saw -26.72% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for KC
Current profitability levels for the company are sitting at:
- -0.24 for the present operating margin
- 0.15 for the gross margin
The net margin for Kingsoft Cloud Holdings Ltd ADR stands at -0.25. The total capital return value is set at -0.19. Equity return is now at value -25.07, with -10.99 for asset returns.
Based on Kingsoft Cloud Holdings Ltd ADR (KC), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at -0.11. The debt to equity ratio resting at 0.58. The interest coverage ratio of the stock is -8.57.
Currently, EBITDA for the company is -335.18 million with net debt to EBITDA at -1.65. When we switch over and look at the enterprise to sales, we see a ratio of 0.98. The receivables turnover for the company is 3.42for trailing twelve months and the total asset turnover is 0.43. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.82.
Conclusion
To put it simply, Kingsoft Cloud Holdings Ltd ADR (KC) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.
