36Kr (NASDAQ:KRKR) Trading Down 4.2% – Time to Sell?

36Kr Holdings Inc. Sponsored ADR (NASDAQ:KRKR) shares fell 4.2% during mid-day trading on Friday . The company traded as low as $3.30 and last traded at $3.39. 36,995 shares were traded during trading, an increase of 79% from the average session volume of 20,646 shares. The stock had previously closed at $3.54.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of 36Kr from a “sell (e+)” rating to a “sell (d)” rating in a report on Wednesday, April 29th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

36Kr Stock Down 4.2%

The company has a fifty day moving average price of $3.75 and a 200-day moving average price of $4.27. The stock has a market capitalization of $6.68 million, a P/E ratio of -0.57 and a beta of 0.46.

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