Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC)’s stock price has gone rise by 24.74 in comparison to its previous close of 5.78, however, the company has experienced a 42.77% increase in its stock price over the last five trading days. seekingalpha.com reported 2024-11-19 that Kingsoft Cloud Holdings Limited (NASDAQ:KC ) Q3 2024 Earnings Conference Call November 19, 2024 7:15 AM ET Company Participants Nicole Shan – IR Manager Tao Zou – Vice Chairman & CEO Haijian He – CFO Conference Call Participants Xiaodan Zhang – CICC Timothy Zhao – Goldman Sachs Operator Good day, and thank you for standing by. Welcome to the Kingsoft Cloud Third Quarter 2024 Earnings Conference Call.
Is It Worth Investing in Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) Right Now?
Additionally, the 36-month beta value for KC is 2.26. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 3 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for KC is 253.53M and currently, short sellers hold a 2.32% ratio of that float. The average trading volume of KC on November 25, 2024 was 2.86M shares.
KC’s Market Performance
KC stock saw an increase of 42.77% in the past week, with a monthly gain of 177.31% and a quarterly increase of 171.05%. The volatility ratio for the week is 14.11%, and the volatility levels for the last 30 days are 9.33% for Kingsoft Cloud Holdings Ltd ADR (KC). The simple moving average for the past 20 days is 72.01% for KC’s stock, with a 144.45% simple moving average for the past 200 days.
Analysts’ Opinion of KC
Many brokerage firms have already submitted their reports for KC stocks, with Nomura repeating the rating for KC by listing it as a “Buy.” The predicted price for KC in the upcoming period, according to Nomura is $6.70 based on the research report published on November 22, 2024 of the current year 2024.
CLSA, on the other hand, stated in their research note that they expect to see KC reach a price target of $4.40. The rating they have provided for KC stocks is “Outperform” according to the report published on March 21st, 2024.
Citigroup gave a rating of “Buy” to KC, setting the target price at $5 in the report published on March 21st of the current year.
KC Trading at 111.39% 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 able to rebound, for now settling with 10.27% of gains for the given period.
Volatility was left at 9.33%, however, over the last 30 days, the volatility rate increased by 14.11%, as shares surge +171.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +220.44% upper at present.
During the last 5 trading sessions, KC rose by +42.77%, which changed the moving average for the period of 200-days by +174.14% in comparison to the 20-day moving average, which settled at $4.19. In addition, Kingsoft Cloud Holdings Ltd ADR saw 90.74% 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 KC starting from Tian Kaiyan, who proposed sale 3,200 shares at the price of $6.53 back on Nov 21 ’24. After this action, Tian Kaiyan now owns shares of Kingsoft Cloud Holdings Ltd ADR, valued at $20,896 using the latest closing price.
Liu Tao, the Senior Vice President of Kingsoft Cloud Holdings Ltd ADR, proposed sale 60,000 shares at $6.53 during a trade that took place back on Nov 21 ’24, which means that Liu Tao is holding shares at $391,800 based on the most recent closing price.
Stock Fundamentals for KC
Current profitability levels for the company are sitting at:
- -0.28 for the present operating margin
- 0.16 for the gross margin
The net margin for Kingsoft Cloud Holdings Ltd ADR stands at -0.28. The total capital return value is set at -0.27. Equity return is now at value -33.16, with -13.25 for asset returns.
Based on Kingsoft Cloud Holdings Ltd ADR (KC), the company’s capital structure generated 0.31 points at debt to capital in total, while cash flow to debt ratio is standing at -0.08. The debt to equity ratio resting at 0.45. The interest coverage ratio of the stock is -9.49.
Currently, EBITDA for the company is -1.08 billion with net debt to EBITDA at -0.58. When we switch over and look at the enterprise to sales, we see a ratio of 1.78. The receivables turnover for the company is 3.6for trailing twelve months and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.67.
Conclusion
In conclusion, Kingsoft Cloud Holdings Ltd ADR (KC) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.
