36Kr (NASDAQ:KRKR) Stock Price Down 1.4%

36Kr Holdings Inc. (NASDAQ:KRKRGet Free Report) dropped 1.4% during trading on Wednesday . The stock traded as low as $0.71 and last traded at $0.71. Approximately 432 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 60,932 shares. The stock had previously closed at $0.72.

36Kr Stock Performance

The firm’s 50-day moving average is $0.81 and its 200 day moving average is $0.90. The firm has a market capitalization of $27.68 million, a PE ratio of -2.96 and a beta of 0.69.

36Kr (NASDAQ:KRKRGet Free Report) last announced its quarterly earnings results on Thursday, August 31st. The company reported ($0.05) earnings per share for the quarter. The business had revenue of $11.63 million for the quarter. 36Kr had a negative net margin of 21.64% and a negative return on equity of 21.63%.

Institutional Trading of 36Kr

An institutional investor recently raised its position in 36Kr stock. Renaissance Technologies LLC increased its stake in 36Kr Holdings Inc. (NASDAQ:KRKRFree Report) by 77.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 65,000 shares of the company’s stock after purchasing an additional 28,400 shares during the quarter. Renaissance Technologies LLC owned about 0.16% of 36Kr worth $67,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 0.18% of the company’s stock.

36Kr Company Profile

(Get Free Report)

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 timely market updates, as well as editorials and commentaries in various industries, such as technology, media and entertainment, consumer, retail, and healthcare.

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