Kingsoft Cloud Holdings Ltd - ADR Shares Close the Week 20.4% Lower - Weekly Wrap
The company saw its shares close the week 20.4% lower than last week, with trading volume higher than its 30 day average.
May 26, 2023 by Kwhen Finance Editors
Kingsoft Cloud Holdings Ltd - ADR (KC) shares closed this week 20.4% lower than it did at the end of last week. The stock is currently down 1.3% year-to-date, up 8.3% over the past 12 months, and down 84.1% over the past five years. This week, the Dow Jones Industrial Average fell 2.1%, and the S&P 500 fell 1.1%.
Trading Activity
- Shares traded as high as $4.80 and as low as $3.65 this week.
- Trading volume this week was 29.3% higher than the 10-day average and 40.3% higher than the 30-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 2.2.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
- MACD, a trend-following momentum indicator, indicates a downward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
- The company's share price lags the S&P 500 Index this week, beats it on a 1-year basis, and lags it on a 5-year basis
- The company's share price lags the Dow Jones Industrial Average this week, beats it on a 1-year basis, and lags it on a 5-year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Kingsoft Cloud Holdings Ltd - ADR | -8.0 | -1.3 | 8.3 | ||
| Dow Jones Industrial Average | 0.9 | -0.0 | 4.4 | -4.6 | 16.3 |
| S&P 500 Index | 1.3 | 8.8 | 6.1 | -2.6 | 20.3 |
| Technology Industry | -8.3 | -55.4 | -61.3 | -71.4 | 0.7 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date lags the peer average by -122.0%
- The company's stock price performance over the past 12 months beats the peer average by 1272.2%
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| Kingsoft Cloud Holdings Ltd - ADR | KC | 0 | -1.3 | 8.3 | ||
| Peer Avg | N/A | -4.0 | 5.9 | 0.6 | ||
| Okta Inc - Class A | OKTA | -16.1 | 23.8 | 2.4 | ||
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