Kuaishou Technology (OTCMKTS:KUASF) Trading Down 8.2% – Should You Sell?

Kuaishou Technology (OTCMKTS:KUASFGet Free Report) traded down 8.2% during mid-day trading on Thursday . The company traded as low as $8.35 and last traded at $8.35. 300 shares were traded during mid-day trading, a decline of 82% from the average session volume of 1,661 shares. The stock had previously closed at $9.0950.

Analysts Set New Price Targets

Separately, Barclays set a $8.50 price target on shares of Kuaishou Technology in a report on Friday, August 22nd. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $8.50.

View Our Latest Stock Report on KUASF

Kuaishou Technology Stock Performance

The company has a fifty day moving average price of $9.26 and a 200-day moving average price of $9.06.

About Kuaishou Technology

(Get Free Report)

Kuaishou Technology, an investment holding company, provides live streaming, online marketing, and other services mainly in the People's Republic of China. It offers Kuaishou Flagship, a short video and content based social networking platform; Kuaishou Express; Kuaishou Concept; Yitian Camera, an app to create photographs, videos, and vlogs; Kmovie, a shooting, editing, and production tool; and AcFun, a video sharing website.

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