The stock of Kingsoft Cloud Holdings Ltd ADR (NASDAQ:KC) last traded at $11.70, up 6.36% from the previous session.
KC stock price is now -26.73% away from the 50-day moving average and 45.68% away from the 200-day moving average. The market capitalization of the company currently stands at $3.08B.
On December 06, 2024, UBS Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $4.20 to quote $12.50, while ‘Nomura’ rates the stock as ‘Buy’
In other news, He Haijian, Director bought 171,133 shares of the company’s stock on Mar 21 ’25. The stock was bought for $3,153,981 at an average price of $18.43. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 21 ’25, Director Liu Tao bought 35,000 shares of the business’s stock. A total of $645,050 was incurred on buying the stock at an average price of $18.43. A total of 0.00% of the company’s stock is owned by insiders.
During the past 12 months, Kingsoft Cloud Holdings Ltd ADR has had a low of $2.02 and a high of $22.26. As of last week, the company has a debt-to-equity ratio of 1.01, a current ratio of 0.73, and a quick ratio of 0.73. The fifty day moving average price for KC is $15.9685 and a two-hundred day moving average price translates $8.031075 for the stock.
The latest earnings results from Kingsoft Cloud Holdings Ltd ADR (NASDAQ: KC) was released for 2024-12-31. The net profit margin was -25.30% and return on equity was -32.59% for KC. The company reported revenue of $291.63 million for the quarter, compared to $992.61 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -70.62 percent.
