Kuke Music (NYSE:KUKE) Trading Up 7.9% – Here’s Why

Kuke Music Holding Limited (NYSE:KUKEGet Free Report) was up 7.9% during mid-day trading on Thursday . The company traded as high as $0.38 and last traded at $0.36. Approximately 221,957 shares changed hands during trading, a decline of 5% from the average daily volume of 233,932 shares. The stock had previously closed at $0.33.

Kuke Music Price Performance

The company has a current ratio of 0.48, a quick ratio of 0.47 and a debt-to-equity ratio of 0.10. The business’s 50-day simple moving average is $0.64 and its two-hundred day simple moving average is $1.40.

Kuke Music Company Profile

(Get Free Report)

Kuke Music Holding Limited, through its subsidiaries, provides classical music licensing, subscription, and education services in China. It operates through two segments: Subscription, Licensing and Smart Education Business; and Music Events and Performances Business. The Subscription, Licensing and Smart Education Business segment distributes commercial copyrights and offers music education solutions.

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