Kingsoft (OTCMKTS:KSFTF) Shares Down 4.5% – Time to Sell?

Kingsoft Co. Limited (OTCMKTS:KSFTFGet Free Report)’s stock price fell 4.5% during trading on Thursday . The company traded as low as $4.25 and last traded at $4.25. 1,000 shares traded hands during trading, an increase of 219% from the average session volume of 313 shares. The stock had previously closed at $4.45.

Kingsoft Price Performance

The business has a fifty day moving average of $4.43 and a two-hundred day moving average of $4.46.

About Kingsoft

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Kingsoft Corporation is a Beijing‐based software developer specializing in a range of consumer and enterprise applications. Established in 1988, the company has built its reputation on office productivity and security software. Its flagship product, WPS Office, offers word processing, spreadsheet and presentation tools compatible with major file formats, while Kingsoft Antivirus provides malware detection and removal for Windows and Android platforms.

In addition to its core desktop and mobile software offerings, Kingsoft has expanded into cloud computing through its Kingsoft Cloud division.

Further Reading

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