KE Holdings Inc ADR (NYSE:BEKE) shares, rose in value, with the stock price up by 0.25% to the previous day’s close as strong demand from buyers drove the stock to $24.44.
Actively observing the price movement in the recent trading, the stock is buoying the session at $24.38. The PE ratio was 49.86 over 12-month period. Referring to stock’s 52-week performance, its high was $26.05, and the low was $12.44. On the whole, BEKE has fluctuated by 40.62% over the past month.
With the market capitalization of KE Holdings Inc ADR currently standing at about $26.99 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 0.35, with its dividend yield at 1.44%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 91.2B, with a low estimate of 23.14B and a high estimate of 29.48B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 27.34B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BEKE’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 8.20, with the price of BEKE currently trading nearly 16.56% and 29.75% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 74.90, while the 7-day volatility ratio is showing 4.23% which for the 30-day chart, stands at 4.17%. Furthermore, KE Holdings Inc ADR (BEKE)’s beta value is -0.84, and its average true range (ATR) is 1.06.
A comparison of KE Holdings Inc ADR (BEKE) with its peers suggests the former has fared considerably weaker in the market. BEKE showed an intraday change of 0.25% in today’s session so far, and over the past year, it grew by 91.09%%.
Data on historical trading for KE Holdings Inc ADR (NYSE:BEKE) indicates that the trading volumes over the past 3 months, they’ve averaged 8.08 million. According to company’s latest data on outstanding shares, there are 1.12 billion shares outstanding.
Nearly 1.35% of KE Holdings Inc ADR’s shares belong to company insiders and institutional investors own 43.19% of the company’s shares. The stock has risen by 32.68% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BEKE stock heading into the next quarter.
