36Kr (NASDAQ:KRKR) Trading 16.5% Higher – Time to Buy?

36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKRGet Free Report) shot up 16.5% during trading on Friday . The stock traded as high as $5.69 and last traded at $5.36. 21,856 shares changed hands during trading, an increase of 153% from the average session volume of 8,652 shares. The stock had previously closed at $4.60.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of 36Kr in a report on Thursday, October 30th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

View Our Latest Stock Analysis on KRKR

36Kr Stock Performance

The company has a market cap of $10.56 million, a price-to-earnings ratio of -0.89 and a beta of 0.69. The company has a fifty day moving average of $6.55 and a two-hundred day moving average of $5.79.

About 36Kr

(Get Free Report)

36Kr Holdings Inc provides content and business services in the People's Republic of China. It creates and distributes various content, including insightful reports on companies and industries, timely market updates, thought-provoking editorials, and commentaries, as well as original video and audio content in various industries, such as technology, consumer, retail, healthcare, media and entertainment, and enterprise services.

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