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The closing price of Nextdoor Holdings Inc (NYSE: KIND) was $2.61 for the day, up 2.35% from the previous closing price of $2.55. In other words, the price has increased by $2.35 from its previous closing price. On the day, 0.55 million shares were traded. KIND stock price reached its highest trading level at $2.61 during the session, while it also had its lowest trading level at $2.5317.
Ratios:
Our analysis of KIND’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 15.07 and its Current Ratio is at 15.07. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.08.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Evercore ISI on November 08, 2023, Downgraded its rating to In-line and sets its target price to $3 from $5 previously.
On June 27, 2023, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $3.50.
On April 20, 2022, Citigroup started tracking the stock assigning a Neutral rating and target price of $6.50.Citigroup initiated its Neutral rating on April 20, 2022, with a $6.50 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 16 ’24 when SOPHIA SCHWARTZ bought 17,529 shares for $2.55 per share.
Schwartz Sophia sold 17,529 shares of KIND for $40,843 on Sep 05 ’24. The General Counsel and Secretary now owns 257,383 shares after completing the transaction at $2.33 per share. On Sep 05 ’24, another insider, SOPHIA SCHWARTZ, who serves as the Officer of the company, bought 17,529 shares for $2.35 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KIND now has a Market Capitalization of 991559872 and an Enterprise Value of 579720960. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.35 while its Price-to-Book (P/B) ratio in mrq is 2.10. Its current Enterprise Value per Revenue stands at 2.542 whereas that against EBITDA is -3.639.
Stock Price History:
Over the past 52 weeks, KIND has reached a high of $2.99, while it has fallen to a 52-week low of $1.32. The 50-Day Moving Average of the stock is 6.43%, while the 200-Day Moving Average is calculated to be 15.02%.
Shares Statistics:
KIND traded an average of 1.25M shares per day over the past three months and 699990 shares per day over the past ten days. A total of 186.41M shares are outstanding, with a floating share count of 164.81M. Insiders hold about 56.62% of the company’s shares, while institutions hold 24.69% stake in the company. Shares short for KIND as of 1727654400 were 3869653 with a Short Ratio of 3.09, compared to 1724976000 on 4222236. Therefore, it implies a Short% of Shares Outstanding of 3869653 and a Short% of Float of 2.2399999999999998.
