Kuke Music Holding Ltd ADR [NYSE: KUKE] loss -19.23% or -0.1 points to close at $0.42 with a heavy trading volume of 463385 shares.
The daily chart for KUKE points out that the company has recorded -64.56% loss over the past six months.
If we look at the average trading volume of 764.11K shares, KUKE reached to a volume of 463385 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Kuke Music Holding Ltd ADR [KUKE]:
The Average True Range (ATR) for Kuke Music Holding Ltd ADR is set at 0.10, with the Price to Sales ratio for KUKE stock in the period of the last 12 months amounting to 0.88. The Price to Book ratio for the last quarter was 1.95, with the Price to Cash per share for the same quarter was set at 0.01.
Trading performance analysis for KUKE stock
Kuke Music Holding Ltd ADR [KUKE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.36. With this latest performance, KUKE shares gained by 7.69% in over the last four-week period, additionally sinking by -64.56% over the last 6 months – not to mention a drop of -59.20% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for KUKE stock in for the last two-week period is set at 49.14, with the RSI for the last a single of trading hit 47.79, and the three-weeks RSI is set at 48.34 for Kuke Music Holding Ltd ADR [KUKE]. The present Moving Average for the last 50 days of trading for this stock 0.4260, while it was recorded at 0.5396 for the last single week of trading, and 1.3884 for the last 200 days.
Kuke Music Holding Ltd ADR [KUKE]: A deeper dive into fundamental analysis
Kuke Music Holding Ltd ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.47 and a Current Ratio set at 0.48.
An analysis of Institutional ownership at Kuke Music Holding Ltd ADR [KUKE]
The top three institutional holders of KUKE stocks are: SUSQUEHANNA INTERNATIONAL GROUP, LLP with ownership of 19769.0 shares, which is approximately 0.0543%. TWO SIGMA SECURITIES, LLC, holding 13274.0 shares of the stock with an approximate value of $$17787.0 in KUKE stocks shares; and TWO SIGMA SECURITIES, LLC, currently with $$10338.0 in KUKE stock with ownership which is approximately 0.0212%.
