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The price of Nextdoor Holdings Inc (NYSE: KIND) closed at $2.50 in the last session, up 1.21% from day before closing price of $2.47. In other words, the price has increased by $1.21 from its previous closing price. On the day, 1.56 million shares were traded. KIND stock price reached its highest trading level at $2.5 during the session, while it also had its lowest trading level at $2.425.
Ratios:
We take a closer look at KIND’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 938375040 and an Enterprise Value of 537931008. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.16 while its Price-to-Book (P/B) ratio in mrq is 2.01. Its current Enterprise Value per Revenue stands at 2.358 whereas that against EBITDA is -3.377.
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 -5.37%, while the 200-Day Moving Average is calculated to be 17.97%.
Shares Statistics:
According to the various share statistics, KIND traded on average about 1.82M shares per day over the past 3-months and 1829630 shares per day over the past 10 days. A total of 186.41M shares are outstanding, with a floating share count of 165.11M. Insiders hold about 56.54% of the company’s shares, while institutions hold 25.04% stake in the company. Shares short for KIND as of 1722384000 were 4751041 with a Short Ratio of 2.61, compared to 1719532800 on 4463917. Therefore, it implies a Short% of Shares Outstanding of 4751041 and a Short% of Float of 2.76.
