Kingsoft Cloud Holdings Ltd ADR [NASDAQ: KC] gained 4.35% or 0.84 points to close at $20.17 with a heavy trading volume of 5816663 shares.
The daily chart for KC points out that the company has recorded 697.23% gains over the past six months.
If we look at the average trading volume of 4.12M shares, KC reached to a volume of 5816663 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 Kingsoft Cloud Holdings Ltd ADR [KC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KC shares is $14.13 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KC stock is a recommendation set at 1.45. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
UBS have made an estimate for Kingsoft Cloud Holdings Ltd ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 06, 2024. While these analysts kept the previous recommendation, Nomura raised their target price from $2.30 to $6.70. The new note on the price target was released on November 22, 2024, representing the official price target for Kingsoft Cloud Holdings Ltd ADR stock. Previously, the target price had yet another raise to $4.40, while CLSA analysts kept a Outperform rating on KC stock.
The Average True Range (ATR) for Kingsoft Cloud Holdings Ltd ADR is set at 1.65, with the Price to Sales ratio for KC stock in the period of the last 12 months amounting to 5.07. The Price to Book ratio for the last quarter was 6.53, with the Price to Cash per share for the same quarter was set at 0.96.
Trading performance analysis for KC stock
Kingsoft Cloud Holdings Ltd ADR [KC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.99. With this latest performance, KC shares gained by 111.20% in over the last four-week period, additionally plugging by 697.23% over the last 6 months – not to mention a rise of 617.79% 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 KC stock in for the last two-week period is set at 69.38, with the RSI for the last a single of trading hit 69.19, and the three-weeks RSI is set at 69.01 for Kingsoft Cloud Holdings Ltd ADR [KC]. The present Moving Average for the last 50 days of trading for this stock 12.09, while it was recorded at 19.33 for the last single week of trading, and 5.40 for the last 200 days.
Kingsoft Cloud Holdings Ltd ADR [KC]: A deeper dive into fundamental analysis
Kingsoft Cloud Holdings Ltd ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.67 and a Current Ratio set at 0.67.
Kingsoft Cloud Holdings Ltd ADR [KC]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for KC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Kingsoft Cloud Holdings Ltd ADR go to 45.31%.
An analysis of Institutional ownership at Kingsoft Cloud Holdings Ltd ADR [KC]
The top three institutional holders of KC stocks are: MORGAN STANLEY with ownership of 2.34 million shares, which is approximately 0.971%. CANADA PENSION PLAN INVESTMENT BOARD, holding 20.7 million shares of the stock with an approximate value of $$51.96 million in KC stocks shares; and CANADA PENSION PLAN INVESTMENT BOARD, currently with $$1.52 million in KC stock with ownership which is approximately 0.2518%.
