Kanzhun Ltd ADR (BZ) Shares Decline Despite Market Challenges

Kanzhun Ltd ADR (NASDAQ: BZ) has experienced a decline in its stock price by -5.68 compared to its previous closing price of 14.52. However, the company has seen a fall of -8.94% in its stock price over the last five trading days. zacks.com reported 2024-11-05 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 31.61x, Company’s 36-month beta value is 0.54.Analysts have differing opinions on the stock, with 12 analysts rating it as a “buy,” 9 as “overweight,” 2 as “hold,” and 0 as “sell.”

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The public float for BZ is 332.09M, and currently, short sellers hold a 5.35% ratio of that floaft. The average trading volume of BZ on November 12, 2024 was 4.89M shares.

BZ’s Market Performance

BZ’s stock has seen a -8.94% decrease for the week, with a -14.94% drop in the past month and a 0.40% gain in the past quarter. The volatility ratio for the week is 3.61%, and the volatility levels for the past 30 days are at 3.73% for Kanzhun Ltd ADR The simple moving average for the past 20 days is -7.81% for BZ’s stock, with a -18.88% 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 -7.75% 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 -39.78% of loss for the given period.

Volatility was left at 3.73%, however, over the last 30 days, the volatility rate increased by 3.61%, as shares sank -9.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.01% upper at present.

During the last 5 trading sessions, BZ fell by -8.84%, which changed the moving average for the period of 200-days by -2.07% in comparison to the 20-day moving average, which settled at $14.86. In addition, Kanzhun Ltd ADR saw -17.55% in overturn over a single year, with a tendency to cut further losses.

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 10.40, 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 6.12. 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

In a nutshell, Kanzhun Ltd ADR (BZ) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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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