Kuke Music (KUKE, Financial) recently experienced significant stock fluctuations, with its price plunging by 5.70%. The stock is currently priced at $0.410 per share, with a trading volume of 140,081 shares and a turnover rate of 0.28%. The stock's price amplitude stands at 8.05%.
Financial reports reveal Kuke Music posted a revenue of $8.68 million and a net profit of $886,260.56, with earnings per share of $0.02 and a gross profit of $5.63 million. The company's price-to-earnings ratio is notably negative at -1.54. Notably, there are no institutional ratings for Kuke Music, including buy, hold, or sell recommendations.
Within the entertainment industry sector, Kuke Music contrasts with an overall growth of 1.14%. Other stocks in the sector showing notable performances include Multimetaverse Holdings, Reservoir Media, and Liberty Media, with significant gains. Stocks such as Multimetaverse Holdings and Color Star Technology remain active, with turnover rates of 27.83% and 7.30%, respectively. Additionally, Multimetaverse Holdings and Alliance Entertainment showed high volatility.
Kuke Music Holding Limited specializes in classical music licensing, subscription, and education services in China. It licenses its music content to platforms such as Tencent Music Entertainment, digital music providers like NetEase Cloud Music, as well as film production companies, airlines, and smart hardware firms. Users can access Kuke Music's offerings via websites, mobile apps, and smart music devices.
