Why Buy Stock In Kuke Music Holding Ltd ADR (KUKE)?

Kuke Music Holding Ltd ADR (NYSE:KUKE) has a beta value of 0.45 and has seen 2.2 million shares traded in the last trading session. The company, currently valued at $11.79M, closed the last trade at $0.38 per share which meant it lost -$0.22 on the day or -36.90% during that session. The KUKE stock price is -971.05% off its 52-week high price of $4.07 and -23.68% below the 52-week low of $0.47. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.33 million shares traded. The 3-month trading volume is 455.08K shares.

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

Sporting -36.90% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the KUKE stock price touched $0.38 or saw a rise of 61.22%. Year-to-date, Kuke Music Holding Ltd ADR shares have moved -63.37%, while the 5-day performance has seen it change -48.36%. Over the past 30 days, the shares of Kuke Music Holding Ltd ADR (NYSE:KUKE) have changed -49.26%. Short interest in the company has seen 0.19 million shares shorted with days to cover at 0.72.

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Kuke Music Holding Ltd ADR (KUKE) estimates and forecasts

The company’s shares have lost -86.77% over the past 6 months.

KUKE Dividends

Kuke Music Holding Ltd ADR is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Kuke Music Holding Ltd ADR (NYSE:KUKE)’s Major holders

The top two institutional holders are SUSQUEHANNA INTERNATIONAL GROUP, LLP with over 19769.0 shares worth more than $26490.0. As of 2024-06-30, SUSQUEHANNA INTERNATIONAL GROUP, LLP held 0.0543% of shares outstanding.

The other major institutional holder is TWO SIGMA SECURITIES, LLC, with the holding of over 13274.0 shares as of 2024-06-30. The firm’s total holdings are worth over $17787.0 and represent 0.0364% of shares outstanding.