KE Holdings Inc ADR (NYSE: BEKE) Stock: Looks Like A Good Investment

KE Holdings Inc ADR (NYSE:BEKE) shares, rose in value on Thursday, April 25, with the stock price up by 0.04% to the previous day’s close as strong demand from buyers drove the stock to $13.73.

Actively observing the price movement in the recent trading, the stock is buoying the session at $13.73. The PE ratio was 19.83 over 12-month period. Referring to stock’s 52-week performance, its high was $19.74, and the low was $12.44. On the whole, BEKE has fluctuated by -2.45% over the past month.

The company’s Forward Dividend Ratio is 0.35, with its dividend yield at 2.56%.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 11.6B, with a low estimate of 2.04B and a high estimate of 2.28B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.2B.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BEKE’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 75% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.

The stock’s technical analysis shows that the PEG ratio is about 0.35, with the price of BEKE currently trading nearly 0.50% and 0.28% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.24, while the 7-day volatility ratio is showing 3.38% which for the 30-day chart, stands at 3.06%. Furthermore, KE Holdings Inc ADR (BEKE)’s beta value is -0.73, and its average true range (ATR) is 0.46.

A comparison of KE Holdings Inc ADR (BEKE) with its peers suggests the former has fared considerably weaker in the market. BEKE showed an intraday change of 0.04% in today’s session so far, and over the past year, it shrunk by -12.19%%.

Data on historical trading for KE Holdings Inc ADR (NYSE:BEKE) indicates that the trading volumes over the past 3 months, they’ve averaged 7.43 million. According to company’s latest data on outstanding shares, there are 1.19 billion shares outstanding.

Nearly 1.67% of KE Holdings Inc ADR’s shares belong to company insiders and institutional investors own 39.43% of the company’s shares. The stock has fallen by -15.27% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BEKE stock heading into the next quarter.

Most Popular