36Kr (NASDAQ:KRKR) Trading Down 3.6% – Here’s What Happened

36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR)’s stock price traded down 3.6% during mid-day trading on Wednesday . The company traded as low as $3.60 and last traded at $3.5180. 5,937 shares were traded during mid-day trading, a decline of 45% from the average session volume of 10,712 shares. The stock had previously closed at $3.65.

36Kr Stock Performance

The company has a market capitalization of $6.93 million, a P/E ratio of -0.59 and a beta of 0.61. The business has a 50 day moving average of $3.79 and a 200-day moving average of $4.54.

36Kr (NASDAQ:KRKR) last released its quarterly earnings data on Wednesday, March 18th. The company reported $0.54 earnings per share (EPS) for the quarter. The company had revenue of $9.63 million for the quarter.

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.