How Should Investors View Kingsoft Cloud Holdings Limited (KC) Insider Trading?


As of Friday close, Kingsoft Cloud Holdings Limited’s (NASDAQ:KC) stock was down -$0.18, moving down -3.44 percent to $5.06. The average number of shares traded per day over the past five days has been 3,289,040 shares. 5 times new highs have been achieved over the past 5 days, with a $1.16 gain in that time frame. In the last twenty days, the average volume was 1,947,630, while in the previous 50 days, it was 2,126,930.

Since last month, KC stock rose 16.32%. Shares of the company fell to $3.71 on 03/10/23, the lowest level in the past month. A 52-week high of $7.62 was reached on 01/27/23 after having rallying from a 52-week low of $1.77. Since the beginning of this year, KC’s stock price has risen by 32.11% or $1.23, and marked a new high 5 times. However, the stock has declined by -33.60% since its 52-week high.

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Financial Health

In the three months ended September 29, Kingsoft Cloud Holdings Limited’s quick ratio stood at 1.40, while its current ratio was 1.40, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.05, and the total debt-to-equity ratio was 0.16. On the profitability front, the trailing twelve-month gross margin is 3.40% percent. In the year ended September 29, EBITDA margin amounted to -10.56%, whereas operating margins totaled -25.90%. Based on annual data, KC earned $55.12 million in gross profit and brought in $1.42 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -14.40%. Return on equity (ROE) for the past 12 months was -26.30%.

According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. KC’s revenue rose 29.1% during the quarter, while net income inched up to $1.42 billion. While analysts expected Kingsoft Cloud Holdings Limited to report -$0.24 quarterly earnings, the actual figure was -$0.29 per share, beating the consensus estimate by -20.80%. During the quarter, the company generated -$34.63 million in EBITDA. The liabilities of Kingsoft Cloud Holdings Limited were 1.16 billion at the end of its most recent quarter ended September 29, and its total debt was $2.01 billion.

Technical Picture

This quick technical analysis looks at Kingsoft Cloud Holdings Limited’s (KC) price momentum. With a historical volatility rate of 116.45%, the RSI 9-day stood at 65.64% on 17 March.

With respect to its five-day moving average, the current Kingsoft Cloud Holdings Limited price is up by +29.74% percent or $1.16. At present, KC shares trade +7.43% above its 20-day simple moving average and +102.40% percent above its 100-day simple moving average. However, the stock is currently trading approximately +5.42% above its SMA50 and +4.98% above its SMA200.

Stochastic coefficient K was 90.06% and Stochastic coefficient D was 75.40%, while ATR was 0.41. Given the Stochastic reading of 77.59% for the 14-day period, the RSI (14) reading has been calculated as 60.74%. As of today, the MACD Oscillator reading stands at 0.58, while the 14-day reading stands at 0.65.

Analyst Ratings

Kingsoft Cloud Holdings Limited downgraded its rating on Kingsoft Cloud Holdings Limited (NASDAQ: KC) to a Neutral in a note to investors on September 07, 2022. The analysts firm previously had a Buy rating on the stock.Kingsoft Cloud Holdings Limited (KC) has been rated Hold by analysts. According to 1 brokerage firm, KC is a sell, and 4 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 1 analyst rate Kingsoft Cloud Holdings Limited stock as buy, with 3 recommending it as overweight.

With a median target price of $30.87, the current consensus forecast for the stock is $13.14 – $46.97. Based on these forecasts, analysts predict Kingsoft Cloud Holdings Limited (KC) will achieve an average price target of $31.07.


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