Kingsoft Cloud Holdings Ltd ADR (NASDAQ:KC) shares, rose in value on Wednesday, April 16, with the stock price down by -16.82% to the previous day’s close as strong demand from buyers drove the stock to $10.98.
Actively observing the price movement in the last trading, the stock closed the session at $13.20, falling within a range of $10.76 and $11.5. The value of beta (5-year monthly) was 2.234. Referring to stock’s 52-week performance, its high was $22.26, and the low was $2.02. On the whole, KC has fluctuated by -39.30% over the past month.
With the market capitalization of Kingsoft Cloud Holdings Ltd ADR currently standing at about $2.79 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-18.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that KC’s technical picture suggests that short-term indicators denote the stock is a Hold 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 50% Buy.
The stock’s technical analysis shows that the price of KC currently trading nearly -21.88% and -32.61% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 35.70, while the 7-day volatility ratio is showing 5.63% which for the 30-day chart, stands at 7.79%. Furthermore, Kingsoft Cloud Holdings Ltd ADR (KC)’s beta value is 2.24, and its average true range (ATR) is 1.44.
A comparison of Kingsoft Cloud Holdings Ltd ADR (KC) with its peers suggests the former has fared considerably weaker in the market. KC showed an intraday change of -16.82% in last session, and over the past year, it grew by 323.94%%.
Data on historical trading for Kingsoft Cloud Holdings Ltd ADR (NASDAQ:KC) indicates that the trading volumes over the past 10 days have averaged 4.34 and over the past 3 months, they’ve averaged 4.06 million. According to company’s latest data on outstanding shares, there are 245.85 million shares outstanding.
Nearly 0.00% of Kingsoft Cloud Holdings Ltd ADR’s shares belong to company insiders and institutional investors own 6.43% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 14.94 million shares as on 2025-03-31, resulting in a short ratio of 3.73. According to the data, the short interest in Kingsoft Cloud Holdings Ltd ADR (KC) stood at 1360.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 11.79 million. The stock has risen by 4.67% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the KC stock heading into the next quarter.
