Market Momentum: Klaviyo Inc (KVYO) Registers a -2.27 Decrease, Closing at 23.29

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

Klaviyo Inc (NYSE: KVYO) closed the day trading at $23.29 down -2.27% from the previous closing price of $23.83. In other words, the price has decreased by -$2.27 from its previous closing price. On the day, 1.32 million shares were traded. KVYO stock price reached its highest trading level at $24.19 during the session, while it also had its lowest trading level at $23.16.

Ratios:

For a better understanding of KVYO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.41 and its Current Ratio is at 6.04. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.

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 this company, Cantor Fitzgerald on April 16, 2024, initiated with a Overweight rating and assigned the stock a target price of $31.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 05 ’24 when Edmond Landon sold 3,545 shares for $24.15 per share. The transaction valued at 85,612 led to the insider holds 167,127 shares of the business.

Edmond Landon sold 28,613 shares of KVYO for $713,608 on Apr 02 ’24. The Chief Legal Officer now owns 170,672 shares after completing the transaction at $24.94 per share. On Feb 29 ’24, another insider, Weisman Tony, who serves as the Director of the company, sold 33,333 shares for $25.97 each. As a result, the insider received 865,658 and left with 0 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, KVYO now has a Market Capitalization of 6084163584 and an Enterprise Value of 5397169152. Its current Enterprise Value per Revenue stands at 7.731 whereas that against EBITDA is -17.36.

Stock Price History:

Over the past 52 weeks, KVYO has reached a high of $39.47, while it has fallen to a 52-week low of $22.82. The 50-Day Moving Average of the stock is -11.93%, while the 200-Day Moving Average is calculated to be -17.38%.

Shares Statistics:

Over the past 3-months, KVYO traded about 1.24M shares per day on average, while over the past 10 days, KVYO traded about 992140 shares per day. A total of 285.87M shares are outstanding, with a floating share count of 44.28M. Insiders hold about 84.51% of the company’s shares, while institutions hold 8.55% stake in the company. Shares short for KVYO as of 1711584000 were 3685484 with a Short Ratio of 2.97, compared to 1709164800 on 5065238.

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