36Kr (NASDAQ:KRKR) Shares Climb 0.4% – Still a Buy?

36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR)’s share price rose 0.4% during mid-day trading on Tuesday. The stock traded as high as $2.71 and last traded at $2.71. Approximately 2,265 shares traded hands during trading, a decline of 57% from the average session volume of 5,262 shares. The stock had previously closed at $2.70.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of 36Kr in a research report on Thursday, October 22nd. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, 36Kr currently has a consensus rating of “Sell”.

36Kr Stock Performance

The stock has a market capitalization of $5.31 million, a P/E ratio of -1.12 and a beta of 0.53. The company’s fifty day simple moving average is $2.99 and its two-hundred day simple moving average is $3.33.

About 36Kr

36Kr Holdings Inc. (NASDAQ: KRKR) operates a business and technology media platform focused on China’s new economy. Through its website, mobile applications and other digital channels, the company provides news, analysis, interviews and commentary covering technology, startups, entrepreneurship, venture capital, consumer brands and broader business trends. The company also serves businesses, entrepreneurs, investors and corporate decision-makers through online and offline events, conferences, professional communities and content-related services.