With 4.52 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.02 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $6.295 whereas the lowest price it dropped to was $5.81. The 52-week range on KC shows that it touched its highest point at $7.24 and its lowest point at $2.02 during that stretch. It currently has a 1-year price target of $5.77. Beta for the stock currently stands at 2.44.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of KC was up-trending over the past week, with a rise of 30.07%, but this was up by 110.95% over a month. Three-month performance surged to 150.84% while six-month performance rose 108.01%. The stock gained 30.63% in the past year, while it has gained 57.94% so far this year. A look at the trailing 12-month EPS for KC yields -1.18 with Next year EPS estimates of -0.39. For the next quarter, that number is -0.11. This implies an EPS growth rate of 43.37% for this year and 45.66% for next year. EPS is expected to grow by 3.81% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.55%.
Float and Shares Shorts:
At present, 253.69 million KC shares are outstanding with a float of 253.53 million shares on hand for trading. On 2024-10-31, short shares totaled 5.88 million, which was 248.0 higher than short shares on 1727654400. In addition to Mr. Tao Zou as the firm’s Vice Chairman of the Board & Acting CEO, Mr. Shouhu Wang serves as its President.
Institutional Ownership:
Through their ownership of 0.10146 of KC’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, KC reported revenue of $1885574000.0 and operating income of -$224049000.0. The EBITDA in the recently reported quarter was -$209053000.0 and diluted EPS was -$4.35.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for KC since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With KC analysts setting a high price target of 68.832 and a low target of 28.233, the average target price over the next 12 months is 41.5411. Based on these targets, KC could surge 1052.96% to reach the target high and rise by 372.91% to reach the target low. Reaching the average price target will result in a growth of 595.83% from current levels.
Analysts have provided yearly estimates in a range of -$4.91248 being high and -$5.19589 being low. For KC, this leads to a yearly average estimate of -$5.10142. The surprise factor in the prior quarter was -$0.85. Based on analyst estimates, the high estimate for the next quarter is -$0.37 and the low estimate is -$1.17. The average estimate for the next quarter is thus -$0.77.
