Kingsoft Cloud (NASDAQ:KC) Shares Gap Down – Should You Sell?

Shares of Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) gapped down prior to trading on Tuesday . The stock had previously closed at $11.34, but opened at $10.66. Kingsoft Cloud shares last traded at $10.5950, with a volume of 269,730 shares trading hands.

Analyst Ratings Changes

KC has been the subject of several analyst reports. Weiss Ratings restated a “sell (d-)” rating on shares of Kingsoft Cloud in a research note on Tuesday, April 21st. Zacks Research downgraded shares of Kingsoft Cloud from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 9th. Finally, Jefferies Financial Group increased their price objective on shares of Kingsoft Cloud from $17.00 to $19.00 and gave the company a “buy” rating in a research note on Wednesday, March 25th. 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. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $18.53.

Kingsoft Cloud Trading Down 6.7%

The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.03 and a current ratio of 1.03. The business has a fifty day simple moving average of $14.64 and a 200 day simple moving average of $13.30. The company has a market cap of $3.20 billion, a P/E ratio of -22.51 and a beta of 1.94.

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

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Vident Advisory LLC lifted its position in shares of Kingsoft Cloud by 1.8% in the 4th quarter. Vident Advisory LLC now owns 51,953 shares of the company’s stock worth $537,000 after buying an additional 898 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Kingsoft Cloud by 14.7% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,148 shares of the company’s stock worth $95,000 after buying an additional 1,170 shares during the last quarter. Personal CFO Solutions LLC lifted its position in shares of Kingsoft Cloud by 11.1% in the 3rd quarter. Personal CFO Solutions LLC now owns 12,174 shares of the company’s stock worth $182,000 after buying an additional 1,212 shares during the last quarter. Diversify Wealth Management LLC lifted its position in shares of Kingsoft Cloud by 2.0% in the 3rd quarter. Diversify Wealth Management LLC now owns 67,617 shares of the company’s stock worth $1,009,000 after buying an additional 1,343 shares during the last quarter. Finally, Diversify Advisory Services LLC lifted its position in shares of Kingsoft Cloud by 9.0% in the 3rd quarter. Diversify Advisory Services LLC now owns 22,686 shares of the company’s stock worth $338,000 after buying an additional 1,874 shares during the last quarter. 13.40% of the stock is currently 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.