Kingsoft Cloud Holdings Limited (KC): Investor showing Interest in it


Kingsoft Cloud Holdings Limited (NASDAQ:KC) changes shares on Friday trading session, with a change of 15.37% or $3.49 shares. The trading starts at $23.43 and closed at $22.70 throughout the day. The trading session low price was $23.09 and day high was $26.74 on Friday, June 19. After the session, the Technology sector daily volume shifted to 2.32 million while its average volume is 2.81M. In other hand, the KC market cap reached to $4.66B. While, its current target price is $26.19 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 28.13% and up 29.27% for month. KC performance rise 9.86% for year-to-date. Current recommendation for Kingsoft Cloud Holdings Limited is 2.20.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. KC EPS (TTM) for 12-month is -0.92. EPS for this year is 33.60%, while for the next year its value is -0.58. Its EPS Q/Q reached -74.40%.

Let’s take a look on the analyst recommendations on KC for the current month and previous month. For the current month, 4 of 5 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 1 as Hold. As compared with the previous month ratings, 1 analysts participate in stock recommendation. Out of 1, 0 rated it sell, 0 rated it as Buy and 1 as Hold Ratings. On the other hand, target price ranges from $112.98-$226.77. Average target price for KC was reached at $185.10.

The company posted an EPS (TTM) of -0.92. According to the most recent quarter report on (Jun 2020), 2 analysts estimated an average EPS of -0.19. Analyst Estimated EPS for KC published in the report was -0.21–0.17 during the same period.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for KC rise 22.04% for period of 200 days. SMA for 50 days was 22.04% which is showing green signal, while SMA-20 was 26.93%. The moving average value for Kingsoft Cloud Holdings Limited (KC) is 21.62 and 21.62 for 200 and 50 days respectively.