Kuke Music (NYSE:KUKE) Shares Down 8.3% – Time to Sell?

Shares of Kuke Music Holding Limited (NYSE:KUKEGet Free Report) traded down 8.3% during trading on Friday . The company traded as low as $0.31 and last traded at $0.33. 46,298 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 226,826 shares. The stock had previously closed at $0.36.

Kuke Music Trading Down 8.3 %

The company’s fifty day moving average is $0.52 and its two-hundred day moving average is $1.13. The company has a current ratio of 0.48, a quick ratio of 0.47 and a debt-to-equity ratio of 0.10.

About Kuke Music

(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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