Shares of Kingsoft Cloud Holdings Limited (KC) Fall Below Previous 52-Week Low

July 26, 2021 09:57:56

Shares of Kingsoft Cloud Holdings Limited (NASDAQ:KC) traded today at $25.14, breaking its 52-week low. Approximately 198,000 shares have changed hands today, as compared to an average 30-day volume of 1.9 million shares.

Kingsoft Cloud Holdings Limited (NASDAQ:KC) has potential upside of 38.0% based on a current price of $26.64 and analysts’ consensus price target of $36.75.

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 $25.14 and a high of $74.67 and is now at $26.64.

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