36Kr Holdings Inc. (NASDAQ:KRKR) has been trending lower for months. The stock is down 50% since its highs in February. After a steep drop earlier in the month KRKR has been trading sideways for the last 10 sessions. In today’s action, KRKR is trading in a very narrow range between 2.40 and 2.44 on light volume.
KRKR Announces 1Q Earnings Date
- KRKR to Report First Quarter 2021 Financial Results on June 1
- 36Kr Holding’s management will host an earnings conference call at 8:00 AM
- Late last month, the company announced filing of its 20-F.
- 36Kr Holdings Inc. is a prominent brand and a pioneering platform dedicated to serving New Economy participants in China with the mission of empowering New Economy participants to achieve more.
As of 10:30 KRKR is up by 0.03 or 1.25 % at $2.43. The stock has traded 15k shares, compared to its average volume of 140,053K shares.
|+/- EMA(20)||2.60 (-7.69%)|
|+/- SMA(50)||3.05 (-21.31%)|
|+/- SMA(200)||3.30 (-27.27%)|
Important Pivot Points
KRKR has been trading in a very narrow range the last 8 sessions. Longs are looking for KRKR to break above 2.50 for a rally.