Kingsoft (OTCMKTS:KSFTF – Get Free Report) will likely be releasing its results after the market closes on Wednesday, August 19th. Analysts expect the company to post earnings of $0.0340 per share and revenue of $363.4810 million for the quarter.
Kingsoft Stock Performance
Kingsoft stock opened at $3.25 on Wednesday. The stock’s fifty day moving average price is $2.86 and its two-hundred day moving average price is $3.13. Kingsoft has a one year low of $2.70 and a one year high of $4.65.
Analyst Ratings Changes
Separately, The Goldman Sachs Group lowered Kingsoft to a “sell” rating in a report on Tuesday, July 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.
About Kingsoft
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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