KUKE Music (KUKE, Financial) experienced a significant stock price increase of 6.44%. The stock is currently trading at $0.777 per share, with a total volume of 21,920 shares and a turnover rate of 0.06%. The price fluctuation reached 9.04%.
Recent financial results show that KUKE Music reported $15.09 million in revenue, a net loss of $9.22 million, and earnings per share of -$0.28. The gross profit was $6.73 million, with a price-to-earnings ratio of -2.75.
There are currently no institutional ratings for KUKE indicating buy, hold, or sell recommendations.
Within the entertainment industry, the sector saw an overall increase of 2.21%. Alongside KUKE Music, significant gains were also observed in stocks like Cineverse Corp. and Color Star Technology. Active stocks in the sector included Color Star Technology, Cineverse Corp., and Sphere Entertainment Co., with turnover rates of 8.16%, 3.77%, and 3.20%, respectively. The stocks with the highest price fluctuation were Cineverse Corp., Color Star Technology, and Anghami Inc C/Wts 03/02/2027 (To Pur Com), with fluctuations of 29.71%, 15.81%, and 13.04%, respectively.
Kuke Music Holdings Limited provides classical music licensing, subscription, and education services in China. It licenses its music content to online music platforms like Tencent Music Entertainment Group and digital music providers like NetEase Cloud Music, as well as film production companies, airlines, and smart hardware companies. Users can access the platform via websites, mobile apps, and smart music devices.
