Kingsoft Cloud (NASDAQ:KC) Hits New 1-Year Low – Time to Sell?

Shares of Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) hit a new 52-week low on Wednesday . The company traded as low as $9.54 and last traded at $9.63, with a volume of 1392499 shares changing hands. The stock had previously closed at $9.78.

Analyst Upgrades and Downgrades

KC has been the subject of a number of recent analyst reports. Jefferies Financial Group upped their target price on Kingsoft Cloud from $17.00 to $19.00 and gave the stock a “buy” rating in a research report on Wednesday, March 25th. Weiss Ratings reissued a “sell (d-)” rating on shares of Kingsoft Cloud in a research report on Tuesday, April 21st. Finally, Zacks Research cut shares of Kingsoft Cloud from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 9th. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Kingsoft Cloud has an average rating of “Moderate Buy” and an average target price of $18.53.

Kingsoft Cloud Trading Down 1.5%

The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.37. The company has a 50-day moving average price of $14.15 and a 200-day moving average price of $13.21. The company has a market capitalization of $2.91 billion, a price-to-earnings ratio of -20.49 and a beta of 1.94.

Kingsoft Cloud (NASDAQ:KC) last posted its quarterly earnings data on Friday, May 15th. The company reported ($0.17) earnings per share for the quarter. Kingsoft Cloud had a negative return on equity of 11.67% and a negative net margin of 9.38%.The business had revenue of $392.15 million for the quarter. Research analysts predict that Kingsoft Cloud Holdings Limited Sponsored ADR will post -0.46 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in KC. Caitong International Asset Management Co. Ltd acquired a new position in shares of Kingsoft Cloud during the fourth quarter worth approximately $63,000. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Kingsoft Cloud by 14.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,148 shares of the company’s stock worth $95,000 after acquiring an additional 1,170 shares during the last quarter. CWM LLC bought a new position in Kingsoft Cloud during the fourth quarter worth $132,000. Equitable Holdings Inc. bought a new position in Kingsoft Cloud during the third quarter worth $150,000. Finally, Nomura Holdings Inc. acquired a new position in Kingsoft Cloud during the 2nd quarter valued at $175,000. 13.40% of the stock is owned by institutional investors.

About Kingsoft Cloud

Kingsoft Cloud Holdings Limited (NASDAQ: KC) is a leading provider of cloud computing services in China, offering a comprehensive suite of infrastructure and platform solutions to enterprise customers. Established in 2012 as a subsidiary of Kingsoft Corporation, the company has grown into an independent public entity with dual listings, serving as a critical backbone for digital transformation across multiple industries. Headquartered in Beijing, Kingsoft Cloud leverages advanced technologies to optimize cloud operations and deliver scalable, reliable services.

The company’s core offerings span Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS), encompassing compute, storage, database, content delivery networks (CDN) and security solutions.