At the end of the latest market close, KE Holdings Inc. (BEKE) was valued at $23.15. In that particular session, Stock kicked-off at the price of $23.61 while reaching the peak value of $23.61 and lowest value recorded on the day was $21.76. The stock current value is $21.99.Recently in News on July 29, 2021, KE Holdings Announces Proxy Voting Rights Coming into Effect. KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE), a leading integrated online and offline platform for housing transactions and services, today announced that Propitious Global Holdings Limited (“Propitious”), the Company’s principal shareholder, has executed and delivered an Irrevocable Proxy and Power of Attorney (the “POA”). Propitious is ultimately controlled by Z&Z Trust, the beneficiaries of which are immediate family members of Mr. ZUO Hui, the founder and permanent chairman emeritus of Beike. Pursuant to the POA, Propitious irrevocably authorized Baihui Partners L.P. (the “Baihui Partnership”), an exempted limited partnership incorporated in the Cayman Islands, to exercise the voting rights represented by the 885,301,280 Class B ordinary shares of the Company held by Propitious (the “Proxy Voting Rights”). You can read further details here
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 -72.30% during the 52-week period from high price, and 2.28% 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 $21.50 and $79.40.
The company’s shares, operating in the sector of Real Estate managed to top a trading volume set approximately around 16518384 for the day, which was evidently higher, 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 -64.27%, having the revenues showcasing -57.75% 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 27.57B, as it employees total of 119658 workers.
Analysts verdict on KE Holdings Inc. (BEKE)
During the last month, 12 analysts gave the KE Holdings Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 3 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 49.22, with a change in the price was noted -31.76. In a similar fashion, KE Holdings Inc. posted a movement of -59.09% for the period of last 100 days, recording 6,640,658 in trading volumes.
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 0.01 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
KE Holdings Inc. (BEKE): Technical Analysis
Raw Stochastic average of KE Holdings Inc. in the period of last 50 days is set at 1.49%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 1.90%. In the last 20 days, the company’s Stochastic %K was 9.22% and its Stochastic %D was recorded 10.47%.
Let’s take a glance in the erstwhile performances of KE Holdings Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -64.27%. The shares increased approximately by -34.94% in the 7-day charts and went up by -53.88% in the period of the last 30 days. Common stock shares were lifted by -57.75% during last recorded quarter.