KE Holdings Inc American Depositary Shares (each representing three Class A) (NYSE:BEKE) traded at a new 52-week low today of $25.41. This new low was reached on above average trading volume as 12.8 million shares traded hands, while the average 30-day volume is approximately 6.1 million shares.
KE Holdings Inc is engaged in operating an integrated online and offline platform for housing transactions and services in the People’s Republic of China. The company through its Beike platform reinvents how service providers and housing customers efficiently navigate and consummate housing transactions, ranging from existing and new home sales, home rentals, to home renovation, real estate financial solutions, and other services. It operates in three operating segments Existing home transaction services; New home transaction services; and Emerging and other services. The company generates maximum revenue from New home transaction services segment.
Based on a current price of $28.89, KE Holdings Inc American Depositary Shares (each representing three Class A) is currently 73.8% above its average consensus analyst price target of $7.57.
In the past 52 weeks, shares of KE Holdings Inc American Depositary Shares (each representing three Class A) have traded between the current low of $25.41 and a high of $79.40 and is now at $28.89.
Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About InvestorBrandNetwork (IBN)
InvestorBrandNetwork (IBN) consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign.
For more information, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer