Kingsoft (OTCMKTS:KSFTF – Get Free Report) is expected to be releasing its results after the market closes on Wednesday, August 19th. Analysts expect Kingsoft to announce earnings of $0.0340 per share and revenue of $363.4810 million for the quarter.
Kingsoft Stock Performance
Shares of KSFTF opened at $3.25 on Wednesday. Kingsoft has a 52-week low of $2.70 and a 52-week high of $4.65. The business’s fifty day moving average is $2.86 and its 200-day moving average is $3.13.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group cut Kingsoft to a “sell” rating in a research report on Tuesday, July 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Kingsoft currently has an average rating of “Sell”.
Kingsoft Company Profile
Kingsoft Corporation is a Beijing?based software developer specializing in a range of consumer and enterprise applications. Established in 1988, the company has built its reputation on office productivity and security software. Its flagship product, WPS Office, offers word processing, spreadsheet and presentation tools compatible with major file formats, while Kingsoft Antivirus provides malware detection and removal for Windows and Android platforms.
In addition to its core desktop and mobile software offerings, Kingsoft has expanded into cloud computing through its Kingsoft Cloud division.
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