Why Kuke Music Holding Ltd ADR (NYSE: KUKE) Is A Stock Not To Be Discarded In 2024

In the last trading session, 5.09 million shares of the Kuke Music Holding Ltd ADR (NYSE:KUKE) were traded, and its beta was 0.44. Most recently the company’s share price was $0.73, and it changed around $0.16 or 28.52% from the last close, which brings the market valuation of the company to $18.19M. KUKE currently trades at a discount to its 52-week high of $4.07, offering almost -457.53% off that amount. The share price’s 52-week low was $0.47, which indicates that the current value has risen by an impressive 35.62% since then. We note from Kuke Music Holding Ltd ADR’s average daily trading volume that its 10-day average is 0.95 million shares, with the 3-month average coming to 293.69K.

Kuke Music Holding Ltd ADR (NYSE:KUKE) trade information

Instantly KUKE has showed a green trend with a performance of 28.52% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.9999 on recent trading dayincreased the stock’s daily price by 26.99%. The company’s shares are currently down -29.08% year-to-date, but still up 8.71% over the last five days. On the other hand, Kuke Music Holding Ltd ADR (NYSE:KUKE) is -3.95% down in the 30-day period. We can see from the shorts that 0.19 million shares have been sold at a short interest cover period of 0.72 day(s).

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KUKE Dividends

Kuke Music Holding Ltd ADR’s next quarterly earnings report is expected to be released in November.

TWO SIGMA SECURITIES, LLC, with 0.0364% or 13274.0 shares worth $17787.0 as of 2024-06-30, holds the second largest percentage of outstanding shares.