36Kr (NASDAQ:KRKR) Shares Down 4.2% – Should You Sell?

36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR)’s share price fell 4.2% on Friday . The stock traded as low as $3.30 and last traded at $3.39. 36,995 shares traded hands during trading, an increase of 79% from the average session volume of 20,646 shares. The stock had previously closed at $3.54.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded 36Kr from a “sell (e+)” rating to a “sell (d)” rating in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

36Kr Stock Performance

The stock has a market cap of $6.68 million, a PE ratio of -0.57 and a beta of 0.46. The company’s 50-day moving average price is $3.75 and its 200 day moving average price is $4.27.

36Kr (NASDAQ:KRKR) last released its quarterly earnings results on Wednesday, March 18th. The company reported $0.54 EPS for the quarter. The firm had revenue of $9.63 million for the quarter.

About 36Kr

Beijing 36Kr Holdings Inc, known as 36Kr (NASDAQ:KRKR), is a China‐based digital media and services platform focused on the coverage and support of new economy enterprises. The company delivers news, in‐depth analysis and research on technology startups, venture capital trends and innovation across the Chinese market. Its flagship online portal and mobile applications serve as primary channels for entrepreneurs, investors and industry professionals seeking timely information on emerging businesses and disruptive technologies.

In addition to editorial content, 36Kr offers a suite of subscription‐based membership services that provide premium research reports, proprietary databases and exclusive interviews with founders and investors.