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

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

Analyst Ratings Changes

Separately, Weiss Ratings restated 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, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

36Kr Trading Up 6.1%

The company has a market cap of $8.87 million, a price-to-earnings ratio of -0.75 and a beta of 0.58. The stock’s 50-day moving average is $4.95 and its 200-day moving average is $5.60.

About 36Kr

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.