No headlines found.
Kuke Music Holding Limited to Hold Annual General Meeting and Class Meeting on September 20, 2024
Globe Newswire (Wed, 21-Aug 8:30 AM ET)
Kuke and Jidou Join Forces in the AI Music Market
Globe Newswire (Fri, 14-Jun 8:20 AM ET)
Kuke Music Makes Initial Steps into AI Music Field
PRNewswire (Thu, 6-Jun 9:16 AM ET)
Kuke Music Holding Ltd provides classical music licensing, subscription, and education services in China. The company licenses its music content to online music entertainment platforms, such as Tencent Music Entertainment Group, digital music service providers, such as NetEase Cloud Music, as well as film and TV production companies, airlines, and smart hardware companies. Users can access the platform through the website, mobile app, and smart music devices.
Kuke Music Hldg trades on the NYSE stock market under the symbol KUKE.
As of August 30, 2024, KUKE stock price was flat at $1.27 with 42,615 million shares trading.
KUKE has a beta of -0.30, meaning it tends to be less sensitive to market movements. KUKE has a correlation of 0.00 to the broad based SPY ETF.
KUKE has a market cap of $50.23 million. This is considered a Micro Cap stock.
In the last 3 years, KUKE stock traded as high as $6.59 and as low as $.33.
KUKE has outperformed the market in the last year with a price return of +87.1% while the SPY ETF gained +26.5%. However, in the short term, KUKE had mixed performance relative to the market. It has underperformed in the last 3 months, returning -54.8% vs +8.2% return in SPY. But in the last 2 weeks, KUKE shares have fared better than the market returning +4.1% compared to SPY +1.7%.
KUKE support price is $1.15 and resistance is $1.39 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KUKE stock will trade within this expected range on the day.