36Kr (NASDAQ:KRKR) Trading 6.1% Higher – Still a Buy?

36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR)’s share price traded up 6.1% during trading on Friday . The company traded as high as $4.77 and last traded at $4.50. 17,079 shares traded hands during mid-day trading, an increase of 279% from the average session volume of 4,509 shares. The stock had previously closed at $4.24.

Analyst Upgrades and Downgrades

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

36Kr Stock Performance

The business has a 50 day simple moving average of $4.95 and a 200-day simple moving average of $5.60. The firm has a market cap of $8.87 million, a price-to-earnings ratio of -0.75 and a beta of 0.58.

36Kr Company Profile

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.