How have the shares performed?


A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .

Sponsored


36Kr Holdings Inc. (KRKR) saw an uptrend of 17.00% in the recent trading with $5.85 being its most recent. The current price level -31.18% lower than the highest price of $8.50 marked by the stock while trading over the past 52-weeks, whereas it is 155.46% higher than the lowest price of $2.29 the company dropped to over past 52-weeks. The latest news story on KRKR appeared in Simply Wall St. under the title “What Is The Ownership Structure Like For 36Kr Holdings Inc. (NASDAQ:KRKR)?” on Jan-25-21.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

Squeezing the time span to 30 day period shows us the stock is currently trading -31.18% below one month high and is +62.50% above of the lowest during that time. Looking into the simple moving average, 36Kr Holdings Inc. (KRKR)’s stock stands at a SMA-50 of $3.79 while that of 5-day is reading $5.11.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and KRKR’s SMA-200 as of now is $3.60.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 1 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.00 for the stock.

36Kr Holdings Inc. Earnings – What Happened With KRKR

Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. 36Kr Holdings Inc. (KRKR) last released financial results for the quarter that ended 9/29/2020, posting a surprise factor of 50.00% for net revenue. During the reported three-month period, company’s sales were $17.84 billion while analysts on average were estimating the same to be $22.03 million.

KRKR – 36Kr Holdings Inc. Stock Earnings Estimates

The perspective of 36Kr Holdings Inc. (NASDAQ:KRKR)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.06 for stock’s EPS in the current quarter. 1 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was -0.03.

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 40.80 million. KRKR does have institutional investors; and they hold 0.10% of the stock.

36Kr Holdings Inc. – Insider Activity and Holdings

As on Dec 30, 2020, Citadel Advisors LLC was the top most holder in 36Kr Holdings Inc. (NASDAQ:KRKR) with an ownership of 10834.0 shares of the company or 0.03% of the stake worth $30226.0.

Currently, the stock has been recommended as Moderate Buy by 1 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.00 for the stock.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by 36Kr Holdings Inc. was 3.18 while posting a debt to equity ratio of 0.00.

36Kr Holdings Inc.’s return on equity, or ROE, is -16.80%, compared to the industry average of 3.43% for Communication Services – Internet Content & Information. Although this indicates that KRKR fails to use its equity well, the metric will vary significantly depending on the industry.

Technical Analysis of 36Kr Holdings Inc. (NASDAQ:KRKR) stock

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for 36Kr Holdings Inc. (KRKR), we notice that the stock’s 20-day average volume is at 1,057,645 shares and 100% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 594,750 shares. And to end, KRKR’s 100-day average volume is 320,876 shares with 50% of the long-term indicators pointing towards Buy for the stock.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

LEAVE A REPLY

Please enter your comment!
Please enter your name here