Kingsoft Cloud Holdings Limited Looks to Continue to Trade Below its Annual-Low Share Price Today

July 8, 2021 10:29:01

Kingsoft Cloud Holdings Limited (NASDAQ:KC) traded at a new 52-week low today of $27.05. Approximately 194,000 shares have changed hands today, as compared to an average 30-day volume of 1.8 million shares.

There is potential upside of 61.2% for shares of Kingsoft Cloud Holdings Limited based on a current price of $27.46 and an average consensus analyst price target of $44.27.

Kingsoft Cloud Holdings Ltd is an independent cloud service provider in China. The company has built a cloud platform consisting of cloud infrastructure, cloud products and industry-specific solutions across public cloud, enterprise cloud, and IoT cloud services. Its products and services are categorized in compute, networking, storage and delivery, database, data analysis, security, video services, and developer services. Geographically, the firm operates in China.

In the past 52 weeks, Kingsoft Cloud Holdings Limited share prices are bracketed by a current low of $27.05 and a high of $74.67 and is now at $27.46.

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