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In the latest session, Nextdoor Holdings Inc (NYSE: KIND) closed at $2.35 down -1.26% from its previous closing price of $2.38. In other words, the price has decreased by -$1.26 from its previous closing price. On the day, 0.83 million shares were traded. KIND stock price reached its highest trading level at $2.405 during the session, while it also had its lowest trading level at $2.33.
Ratios:
For a deeper understanding of Nextdoor Holdings Inc’s stock, let’s take a closer look at its various ratios. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 09 ’24 when Francis Tod H bought 513,959 shares for $2.72 per share.
Francis Tod H bought 38,384 shares of KIND for $104,404 on Aug 09 ’24. On Jan 15 ’24, another insider, Anderson Matthew S, who serves as the CFO and Treasurer of the company, sold 20,316 shares for $1.36 each. As a result, the insider received 27,707 and left with 109,510 shares of the company.
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 904181312 and an Enterprise Value of 492342016. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.91 while its Price-to-Book (P/B) ratio in mrq is 1.89. Its current Enterprise Value per Revenue stands at 2.159 whereas that against EBITDA is -3.091.
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 -11.24%, while the 200-Day Moving Average is calculated to be 8.60%.
Shares Statistics:
For the past three months, KIND has traded an average of 1.75M shares per day and 1546600 over the past ten days. A total of 186.41M shares are outstanding, with a floating share count of 164.94M. Insiders hold about 56.59% of the company’s shares, while institutions hold 24.93% stake in the company. Shares short for KIND as of 1723680000 were 4371618 with a Short Ratio of 2.49, compared to 1721001600 on 5129210. Therefore, it implies a Short% of Shares Outstanding of 4371618 and a Short% of Float of 2.53.
