36Kr (NASDAQ:KRKR) Issues Quarterly Earnings Results

36Kr (NASDAQ:KRKR) announced its quarterly earnings results on Thursday. The company reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.64, FiscalAI reports. The business had revenue of $9.17 million for the quarter, compared to analyst estimates of $10.51 million.

36Kr Price Performance

NASDAQ KRKR opened at $3.34 on Thursday. 36Kr has a 12 month low of $2.50 and a 12 month high of $21.36. The firm has a market capitalization of $6.58 million, a PE ratio of -0.98 and a beta of 0.50. The company’s 50 day simple moving average is $2.85 and its 200 day simple moving average is $3.44.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of 36Kr in a report on Friday, July 24th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

About 36Kr

Beijing 36Kr Holdings Inc, known as 36Kr (NASDAQ:KRKR), is a China‐based digital media and services platform focused on the coverage and support of new economy enterprises. The company delivers news, in‐depth analysis and research on technology startups, venture capital trends and innovation across the Chinese market. Its flagship online portal and mobile applications serve as primary channels for entrepreneurs, investors and industry professionals seeking timely information on emerging businesses and disruptive technologies.

In addition to editorial content, 36Kr offers a suite of subscription‐based membership services that provide premium research reports, proprietary databases and exclusive interviews with founders and investors.