<div id="readability-page-1"><p>Kingsoft Cloud Holdings Limited (NASDAQ:KC - Get Free Report) saw unusually-strong trading volume on Wednesday following a better than expected earnings announcement. Approximately 3,180,534 shares changed hands during trading, an increase of 36% from the previous session's volume of 2,342,391 shares.The stock last traded at $18.93 and had previously closed at $18.09.</p><div><p><span></span><span>Get <strong>Kingsoft Cloud</strong> alerts:</span></p></div><p>The company reported ($0.05) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.11) by $0.06. Kingsoft Cloud had a negative return on equity of 19.13% and a negative net margin of 28.41%. The business had revenue of $2.23 billion for the quarter, compared to analysts' expectations of $2.11 billion. During the same period in the previous year, the business posted $0.08 EPS. The firm's quarterly revenue was up 29.6% compared to the same quarter last year. </p><h2>Wall Street Analysts Forecast Growth</h2><p>KC has been the topic of a number of research reports. UBS Group upgraded Kingsoft Cloud from a &#34;neutral&#34; rating to a &#34;buy&#34; rating and boosted their price objective for the company from $4.20 to $12.50 in a research note on Friday, December 6th. Nomura Securities lowered Kingsoft Cloud from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a report on Monday, March 3rd. Finally, Nomura lowered Kingsoft Cloud from a &#34;buy&#34; rating to a &#34;neutral&#34; rating in a report on Monday, March 3rd. Three research analysts have rated the stock with a hold rating and four have assigned  a buy rating to the stock. Based on data from MarketBeat.com, Kingsoft Cloud currently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $5.93.</p><p><b>Get Our Latest Research Report on KC</b></p><h2>Institutional Inflows and Outflows</h2><p>Several hedge funds and other institutional investors have recently modified their holdings of KC. Walleye Capital LLC purchased a new stake in  Kingsoft Cloud in the third quarter worth approximately $119,000.  Marshall Wace LLP purchased a new stake in  Kingsoft Cloud in the fourth quarter worth approximately $119,000.  Vise Technologies Inc. purchased a new stake in  Kingsoft Cloud in the fourth quarter worth approximately $125,000.  Cetera Investment Advisers purchased a new stake in  Kingsoft Cloud in the fourth quarter worth approximately $138,000.  Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in  Kingsoft Cloud by 12.7% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 19,549 shares of the company's stock worth $205,000 after buying an additional 2,200 shares in the last quarter. Hedge funds and other institutional investors own  13.40% of the company's stock. </p><h2>Kingsoft Cloud Stock Performance</h2><p>The firm has a market cap of $4.89 billion, a PE ratio of -16.06 and a beta of 2.23. The company has a 50 day simple moving average of $15.11 and a 200-day simple moving average of $8.72. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.67 and a quick ratio of 0.67. </p><h2>Kingsoft Cloud Company Profile</h2> (Get Free Report)<p>Kingsoft Cloud Holdings Limited provides cloud services to businesses and organizations primarily in China. The company's products portfolio includes cloud products, including infrastructure as a service (IaaS) infrastructure, platform as a service (PaaS) middleware, and software as a service (SaaS) applications that primarily consist of cloud computing, network, database, big data, security, storage, and delivery solutions.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Kingsoft Cloud</li><li>Why Are Stock Sectors Important to Successful Investing?</li><li>3 Cash Cow Stocks Leading Their Sectors in Free Cash Flow Margins</li><li>When to Sell a Stock for Profit or Loss</li><li>Retail Sales Data Signals a Surge: The E-Commerce Stock Picks</li><li>Want to Profit on the Downtrend? Downtrends, Explained.</li><li>Qualcomm's Low PE Ratio Makes It A Seriously Attractive Stock</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Kingsoft Cloud Right Now?</h2><p>Before you consider Kingsoft Cloud, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kingsoft Cloud wasn't on the list.</p><p>While Kingsoft Cloud currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Kingsoft Cloud Holdings Limited (NASDAQ:KC) experienced a significant increase in trading volume, with approximately 3.18 million shares traded, a 36% rise from the previous session. The stock price rose to $18.93 after reporting better-than-expected earnings of ($0.05) EPS, surpassing estimates of ($0.11). Revenue for the quarter was $2.23 billion, exceeding expectations of $2.11 billion. Analysts have mixed ratings, with a consensus rating of "Moderate Buy" and a price target of $5.93. Institutional investors hold 13.40% of the stock, and the company has a market cap of $4.89 billion.</p>

Kingsoft Cloud (NASDAQ:KC) Sees Unusually-High Trading Volume Following Strong Earnings