In yesterday’s Wall Street session, KE Holdings Inc ADR (NYSE:BEKE) shares traded at $13.78, up 3.14% from the previous session.
BEKE stock price is now -4.02% away from the 50-day moving average and -6.89% away from the 200-day moving average. The market capitalization of the company currently stands at $16.06B.
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On May 09, 2023, New Street recently initiated its ‘Buy’ rating on the stock quoting a target price of $22, while ‘Daiwa Securities’ rates the stock as ‘Buy’
In other news, BLOSSOM SOUTH LIMITED, Officer bought 500,000 shares of the company’s stock on Aug 14 ’24. The stock was bought for $6,615,000 at an average price of $13.23. A total of 0.66% of the company’s stock is owned by insiders.
During the past 12 months, KE Holdings Inc ADR has had a low of $12.44 and a high of $20.48. As of last week, the company has a debt-to-equity ratio of 0.29, a current ratio of 1.62, and a quick ratio of 1.59. According to the stock market information, the enterprise value for the company is $17541373952, which is based on a 28.44 price-to-earnings ratio, a 16.25 price-to-earnings-growth ratio, and a beta of -0.73. The fifty day moving average price for BEKE is $14.3386 and a two-hundred day moving average price translates $14.78915 for the stock.
The latest earnings results from KE Holdings Inc ADR (NYSE: BEKE) was released for 2024-06-30. The net profit margin was 5.33% and return on equity was 5.82% for BEKE. The company reported revenue of $3.22 billion for the quarter, compared to $2.69 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 19.68 percent.
