Kingsoft Cloud (NASDAQ:KC) Sees Strong Trading Volume Following Analyst Upgrade

Shares of Kingsoft Cloud Holdings Limited Sponsored ADR (NASDAQ:KC) saw unusually-strong 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 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 reissued a “sell (d-)” rating on shares of Kingsoft Cloud in a research report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $19.65.

Institutional Investors Weigh In On Kingsoft Cloud

Large investors have recently bought and sold shares of the business. Artisan Partners Limited Partnership bought a new position in Kingsoft Cloud during the third quarter valued at about $51,504,000. JPMorgan Chase & Co. raised its stake in shares of Kingsoft Cloud by 2,541.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,129,120 shares of the company’s stock valued at $14,137,000 after acquiring an additional 1,086,372 shares in the last quarter. Penserra Capital Management LLC lifted its holdings in Kingsoft Cloud by 32.8% in the 3rd quarter. Penserra Capital Management LLC now owns 631,442 shares of the company’s stock worth $9,421,000 after purchasing an additional 155,788 shares during the last quarter. LMR Partners LLP boosted its position in Kingsoft Cloud by 1,114.5% during the second quarter. LMR Partners LLP now owns 518,200 shares of the company’s stock worth $6,488,000 after purchasing an additional 475,533 shares during the period. Finally, Central Asset Investments & Management Holdings HK Ltd acquired a new position in Kingsoft Cloud during the third quarter valued at approximately $6,896,000. 13.40% of the stock is currently owned by institutional investors.

Kingsoft Cloud Stock Performance

The stock’s 50-day moving average price is $11.75 and its 200 day moving average price is $13.27. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. The company has a market cap of $4.29 billion, a P/E ratio of -27.33 and a beta of 2.03.

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.