BEKE - Shares of KE Holdings Inc American Depositary Shares (each representing three Class A) (BEKE) Fall Below Previous 52-Week Low
KE Holdings Inc American Depositary Shares (each representing three Class A) (NYSE:BEKE) traded at a new 52-week low today of $25.41. This new low was reached on above average trading volume as 12.8 million shares traded hands, while the average 30-day volume is approximately 6.1 million shares.
KE Holdings Inc is engaged in operating an integrated online and offline platform for housing transactions and services in the People's Republic of China. The company through its Beike platform reinvents how service providers and housing customers efficiently navigate and consummate housing transactions, ranging from existing and new home sales, home rentals, to home renovation, real estate financial solutions, and other services. It operates in three operating segments Existing home transaction services; New home transaction services; and Emerging and other services. The company generates maximum revenue from New home transaction services segment.
Based on a current price of $28.89, KE Holdings Inc American Depositary Shares (each representing three Class A) is currently 73.8% above its average consensus analyst price target of $7.57.
In the past 52 weeks, shares of KE Holdings Inc American Depositary Shares (each representing three Class A) have traded between the current low of $25.41 and a high of $79.40 and is now at $28.89.
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