36Kr (NASDAQ:KRKR) Trading Up 2.6% – Time to Buy?

36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR)’s share price rose 2.6% during mid-day trading on Thursday . The company traded as high as $4.75 and last traded at $4.9350. Approximately 546 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 3,134 shares. The stock had previously closed at $4.81.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of 36Kr in a research note on Thursday, October 30th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

36Kr Trading Up 2.6%

The firm has a 50-day moving average of $5.68 and a 200-day moving average of $5.77. The stock has a market capitalization of $9.72 million, a price-to-earnings ratio of -0.82 and a beta of 0.58.

About 36Kr

36Kr Holdings Inc provides content and business services in the People's Republic of China. It creates and distributes various content, including insightful reports on companies and industries, timely market updates, thought-provoking editorials, and commentaries, as well as original video and audio content in various industries, such as technology, consumer, retail, healthcare, media and entertainment, and enterprise services.