Kingsoft Cloud (NASDAQ:KC) Shares Gap Down – Time to Sell?

Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) shares gapped down before the market opened 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 a number of recent analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Kingsoft Cloud in a research report on Tuesday, April 21st. Zacks Research cut shares of Kingsoft Cloud from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 9th. Finally, Jefferies Financial Group lifted their price target on shares of Kingsoft Cloud from $17.00 to $19.00 and gave the company a “buy” rating in a research report on Wednesday, March 25th. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Kingsoft Cloud presently has an average rating of “Moderate Buy” and a consensus price target of $18.53.

Kingsoft Cloud Stock Down 3.2%

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 stock has a market cap of $3.15 billion, a price-to-earnings ratio of -22.15 and a beta of 1.94. The business’s fifty day moving average is $14.52 and its two-hundred day moving average is $13.27.

Kingsoft Cloud (NASDAQ:KC) last posted its quarterly 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. Equities analysts forecast that Kingsoft Cloud Holdings Limited Sponsored ADR will post -0.46 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in KC. Goldman Sachs Group Inc. grew its holdings in Kingsoft Cloud by 9.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 133,634 shares of the company’s stock worth $1,919,000 after acquiring an additional 11,720 shares in the last quarter. Hsbc Holdings PLC grew its holdings in Kingsoft Cloud by 229.6% during the 2nd quarter. Hsbc Holdings PLC now owns 40,706 shares of the company’s stock worth $506,000 after acquiring an additional 28,355 shares in the last quarter. Squarepoint Ops LLC grew its holdings in Kingsoft Cloud by 76.9% during the 2nd quarter. Squarepoint Ops LLC now owns 90,623 shares of the company’s stock worth $1,135,000 after acquiring an additional 39,393 shares in the last quarter. Diversify Advisory Services LLC grew its holdings in Kingsoft Cloud by 36.0% during the 2nd quarter. Diversify Advisory Services LLC now owns 20,812 shares of the company’s stock worth $278,000 after acquiring an additional 5,514 shares in the last quarter. Finally, Diversify Wealth Management LLC grew its holdings in Kingsoft Cloud by 28.5% during the 2nd quarter. Diversify Wealth Management LLC now owns 66,274 shares of the company’s stock worth $887,000 after acquiring an additional 14,683 shares in the last quarter. Institutional investors and hedge funds own 13.40% of the company’s stock.

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.