Time to Buy Beat-Down KE Holdings Inc. (BEKE) Stock? Here is the INSIGHT

Let’s start up with the current stock price of KE Holdings Inc. (BEKE), which is $63.62 to be very precise. The Stock rose vividly during the last session to $67.16 after opening rate of $66.41 while the lowest price it went was recorded $63.20 before closing at $65.82.

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Recently in News on November 19, 2020, KE Holdings Inc. Announces Pricing of Follow-on Public Offering of American Depositary Shares. KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE), a leading integrated online and offline platform for housing transactions and services, today announced the pricing of its underwritten follow-on offering of 35,400,000 American Depositary Shares (“ADSs”), each representing three Class A ordinary shares of the Company, at a public offering price of US$58.00 per ADS. The underwriters will have a 30-day option to purchase up to an aggregate of 5,310,000 additional ADSs from the Company. The offering is expected to close on November 23, 2020, subject to customary closing conditions. You can read further details here


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Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, KE Holdings Inc. shares are logging -19.87% during the 52-week period from high price, and 100.13% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $31.79 and $79.40.

The company’s shares, operating in the sector of Real Estate managed to top a trading volume set approximately around 2533657 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the KE Holdings Inc. (BEKE) recorded performance in the market was 69.93%, having the revenues showcasing 4.78% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 77.11B, as it employees total of 87706 workers.

Market experts do have their say about KE Holdings Inc. (BEKE)

During the last month, 3 analysts gave the KE Holdings Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 5 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 of the polled analysts provided SELL rating.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for BEKE is recording 0.15 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.09.

Technical breakdown of KE Holdings Inc. (BEKE)

Raw Stochastic average of KE Holdings Inc. in the period of last 50 days is set at 27.55%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 42.28%. In the last 20 days, the company’s Stochastic %K was 39.67% and its Stochastic %D was recorded 41.57%.

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Bearing in mind the latest performance of KE Holdings Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 69.93%. The shares increased approximately by -2.97% in the 7-day charts and went up by -12.28% in the period of the last 30 days. Common stock shares were driven by 4.78% during last recorded quarter.

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