Kingsoft Cloud (NASDAQ:KC) Sees Large Volume Increase Following Analyst Upgrade

Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) saw unusually-high trading volume on Tuesday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. Approximately 1,478,931 shares changed hands during mid-day trading, an increase of 21% from the previous session’s volume of 1,220,946 shares.The stock last traded at $14.7950 and had previously closed at $13.34.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Kingsoft Cloud in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $19.65.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of KC. First Horizon Advisors Inc. purchased a new position in Kingsoft Cloud during the 2nd quarter worth $27,000. Farther Finance Advisors LLC purchased a new position in Kingsoft Cloud during the second quarter worth about $100,000. Mirae Asset Global Investments Co. Ltd. lifted its position in Kingsoft Cloud by 14.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,148 shares of the company’s stock valued at $95,000 after purchasing an additional 1,170 shares during the period. Equitable Holdings Inc. acquired a new stake in Kingsoft Cloud in the third quarter valued at about $150,000. Finally, Beverly Hills Private Wealth LLC purchased a new stake in shares of Kingsoft Cloud in the second quarter valued at approximately $126,000. Institutional investors and hedge funds own 13.40% of the company’s stock.

Kingsoft Cloud Price Performance

The stock has a fifty day moving average of $11.75 and a two-hundred day moving average of $13.27. The stock has a market cap of $4.29 billion, a price-to-earnings ratio of -27.33 and a beta of 2.03. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.39.

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.