Kuke Music (KUKE) Stock Price, News & Analysis

Company Overview

Kuke Music Holding Limited, through its subsidiaries, provides classical music licensing, subscription, and education services in China. It operates through two segments: Subscription, Licensing and Smart Education Business; and Music Events and Performances Business. The Subscription, Licensing and Smart Education Business segment distributes commercial copyrights and offers music education solutions. The Music Events Business segment provides music festival events and music performance services; and sells musical instruments, including conch smart speakers. The company licenses its music content primarily to online music entertainment platforms, digital music service providers, and commercial enterprises, as well as film and TV production companies, airlines, and smart hardware companies. It has institutional subscribers, including universities and music conservatories, as well as public libraries. Kuke Music Holding Limited was founded in 2002 and is headquartered in Beijing, China.

Key Stats

• Today's Range: $0.31 to $0.36
• 50-Day Range: $0.25 to $0.96
• 52-Week Range: $0.23 to $4.07
• Volume: 61,304 shs
• Average Volume: 223,204 shs
• Market Capitalization: $10.94 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Kuke Music Stock Analysis - MarketRank™

Kuke Music scored higher than 11% of companies evaluated by MarketBeat, and ranked 272nd out of 287 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Kuke Music.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Kuke Music has a P/B Ratio of 2.69. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.39% of the outstanding shares of Kuke Music have been sold short.

Short Interest Ratio / Days to Cover

Kuke Music has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Kuke Music has recently increased by 7.76%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Kuke Music does not currently pay a dividend.

Dividend Growth

Kuke Music does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.39% of the outstanding shares of Kuke Music have been sold short.

Short Interest Ratio / Days to Cover

Kuke Music has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Kuke Music has recently increased by 7.76%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: N/A

News Sentiment

Kuke Music has a news sentiment score of 0.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Kuke Music this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Kuke Music insiders have not sold or bought any company stock.

Percentage Held by Insiders

42.20% of the stock of Kuke Music is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 0.02% of the stock of Kuke Music is held by institutions.

KUKE Stock Analysis - Frequently Asked Questions

How have KUKE shares performed this year?

Kuke Music's stock was trading at $1.0293 on January 1st, 2024. Since then, KUKE shares have decreased by 66.0% and is now trading at $0.35.
View the best growth stocks for 2024 here.

When did Kuke Music IPO?

Kuke Music (KUKE) raised $55 million in an initial public offering (IPO) on Tuesday, January 12th 2021. The company issued 5,000,000 shares at a price of $10.00-$12.00 per share. Deutsche Bank Securities, Tiger Brokers, AMTD, China Securities International and Valuable Capital served as the underwriters for the IPO.

How do I buy shares of Kuke Music?

Shares of KUKE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Kuke Music own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Kuke Music investors own include Broadcom (AVGO), NVIDIA (NVDA), Arista Networks (ANET), Jabil (JBL), e.l.f. Beauty (ELF), Disc Medicine (IRON) and Adobe (ADBE).

Company Calendar

• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Educational services
• Sub-Industry: Personal Services
• Current Symbol: NYSE:KUKE
• CUSIP: N/A
• CIK: 1809158
• Web: www.kuke.com
• Phone: 86-10-6561-0392
• Fax: N/A
• Employees: 170
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 0.10
• Current Ratio: 0.48
• Quick Ratio: 0.47

Sales & Book Value

• Annual Sales: $107.44 million
• Price / Sales: 0.10
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.13 per share
• Price / Book: 2.69

Miscellaneous

• Outstanding Shares: 31,271,000
• Free Float: 18,075,000
• Market Cap: $10.94 million
• Optionable: Not Optionable
• Beta: 0.25