Kingsoft Cloud Holdings Ltd (KC) experienced a 1.57% decline in pre-market trading on Monday morning, reaching $3.13. The company’s short-term technical score of 59 suggests a more bullish trend compared to 59% of stocks in the market over the last month. In the Software – Application industry, Kingsoft Cloud Holdings Ltd outperforms 55% of stocks, ranking 54 out of 146 industries.
Over the past month, the stock has dropped by 23.37%, closing at $4.10 on December 11, with fluctuations between $3.18 and $4.14. Analysts maintain an average recommendation of Buy for KC, with an average price target of $5.40. The company’s Overall Score stands at 47.
Long-term technical ranking places Kingsoft Cloud Holdings Ltd at 7, indicating its position in the lower half of stocks over the last 200 trading days, with 93% of the market scoring higher. In the Software – Application industry, KC ranks better than 80% of stocks, holding the 80th position by this metric.
Investors in KC should take note of the upcoming earnings release on 2024-02-19, while the dividend date is yet to be determined. For a comprehensive analysis of Kingsoft Cloud Holdings Ltd (KC), investors can access the full report.
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