KUKE Stock Summary and Trading Ideas (Kuke Music Hldg | NYSE:KUKE)

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 January 28, 2025, KUKE stock price was flat at $0.46 with 267 million shares trading.

KUKE has a beta of -1.91, meaning it tends to be less sensitive to market movements. KUKE has a correlation of 0.03 to the broad based SPY ETF.

KUKE has a market cap of $21.05 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, KUKE traded as high as $4.30 and as low as $.23.

KUKE has underperformed the market in the last year with a price return of -54.9% while the SPY ETF gained +24.5%. KUKE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -19.3% and -4.6%, respectively, while the SPY returned +3.9% and +3.1%, respectively.

KUKE support price is $.39 and resistance is $.53 (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 shares will trade within this expected range on the day.