The Impact of Market Fluctuations on KE Holdings Inc ADR’s (BEKE) Stock

The stock of KE Holdings Inc ADR (BEKE) has gone down by -7.00% for the week, with a 0.26% rise in the past month and a 28.17% rise in the past quarter. The volatility ratio for the week is 3.83%, and the volatility levels for the past 30 days are 4.02% for BEKE. The simple moving average for the last 20 days is -8.33% for BEKE stock, with a simple moving average of 21.70% for the last 200 days.

Is It Worth Investing in KE Holdings Inc ADR (NYSE: BEKE) Right Now?

The price-to-earnings ratio for KE Holdings Inc ADR (NYSE: BEKE) is 40.29x, which is above its average ratio. Moreover, the 36-month beta value for BEKE is -0.76. Analysts have varying opinions on the stock, with 14 analysts rating it as a “buy,” 7 as “overweight,” 1 as “hold,” and 0 as “sell.”

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The public float for BEKE is 1.15B and currently, short sellers hold a 2.88% of that float. On November 18, 2024, BEKE’s average trading volume was 12.43M shares.

BEKE) stock’s latest price update

The stock price of KE Holdings Inc ADR (NYSE: BEKE) has surged by 0.83 when compared to previous closing price of 19.36, but the company has seen a -7.00% decline in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-08 that BEIJING, Nov. 08, 2024 (GLOBE NEWSWIRE) — KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE; HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced that it will report its unaudited financial results for the third quarter of 2024 before the U.S. market opens on Thursday, November 21, 2024.

Analysts’ Opinion of BEKE

Many brokerage firms have already submitted their reports for BEKE stocks, with BofA Securities repeating the rating for BEKE by listing it as a “Buy.” The predicted price for BEKE in the upcoming period, according to BofA Securities is $28 based on the research report published on October 30, 2024 of the current year 2024.

Citigroup, on the other hand, stated in their research note that they expect to see BEKE reach a price target of $23.80. The rating they have provided for BEKE stocks is “Buy” according to the report published on September 10th, 2024.

New Street gave a rating of “Buy” to BEKE, setting the target price at $22 in the report published on May 09th of the previous year.

BEKE Trading at -1.63% from the 50-Day Moving Average

After a stumble in the market that brought BEKE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.05% of loss for the given period.

Volatility was left at 4.02%, however, over the last 30 days, the volatility rate increased by 3.83%, as shares sank -7.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +33.61% upper at present.

During the last 5 trading sessions, BEKE fell by -7.00%, which changed the moving average for the period of 200-days by +37.17% in comparison to the 20-day moving average, which settled at $21.29. In addition, KE Holdings Inc ADR saw 20.42% 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 BEKE starting from MYRIAD TALENT INVESTMENT LIMIT, who proposed sale 500,000 shares at the price of $16.35 back on Sep 30 ’24. After this action, MYRIAD TALENT INVESTMENT LIMIT now owns shares of KE Holdings Inc ADR, valued at $8,175,000 using the latest closing price.

BLOSSOM SOUTH LIMITED, the Officer of KE Holdings Inc ADR, proposed sale 500,000 shares at $16.93 during a trade that took place back on Sep 27 ’24, which means that BLOSSOM SOUTH LIMITED is holding shares at $8,465,000 based on the most recent closing price.

Stock Fundamentals for BEKE

Current profitability levels for the company are sitting at:

  • 0.04 for the present operating margin
  • 0.21 for the gross margin

The net margin for KE Holdings Inc ADR stands at 0.06. The total capital return value is set at 0.03. Equity return is now at value 5.82, with 3.47 for asset returns.

Based on KE Holdings Inc ADR (BEKE), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 17.02. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 98.22.

Currently, EBITDA for the company is 6.29 billion with net debt to EBITDA at 2.09. When we switch over and look at the enterprise to sales, we see a ratio of 2.52. The receivables turnover for the company is 6.66for trailing twelve months and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.62.

Conclusion

To wrap up, the performance of KE Holdings Inc ADR (BEKE) has been better in recent times. The stock has received a bullish of “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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