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As of close of business last night, Nextdoor Holdings Inc’s stock clocked out at $2.60, down -1.89% from its previous closing price of $2.65. In other words, the price has decreased by -$1.89 from its previous closing price. On the day, 1.0 million shares were traded. KIND stock price reached its highest trading level at $2.635 during the session, while it also had its lowest trading level at $2.55.
Ratios:
To gain a deeper understanding of KIND’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 16.52 and its Current Ratio is at 16.52. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.11.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 16 ’24 when Orta John sold 2,500 shares for $1.80 per share. The transaction valued at 4,500 led to the insider holds 543,923 shares of the business.
Anderson Matthew S sold 20,316 shares of KIND for $27,707 on Jan 15 ’24. The CFO and Treasurer now owns 109,510 shares after completing the transaction at $1.36 per share. On Jan 10 ’24, another insider, Orta John, who serves as the Head of Legal and Secretary of the company, sold 2,500 shares for $1.66 each. As a result, the insider received 4,150 and left with 543,923 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 1034246208 and an Enterprise Value of 582053440. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.58 while its Price-to-Book (P/B) ratio in mrq is 1.88. Its current Enterprise Value per Revenue stands at 2.626 whereas that against EBITDA is -3.844.
Stock Price History:
The Beta on a monthly basis for KIND is 1.10, which has changed by -0.19753087 over the last 52 weeks, in comparison to a change of 0.23886502 over the same period for the S&P500. Over the past 52 weeks, KIND has reached a high of $3.38, while it has fallen to a 52-week low of $1.32. The 50-Day Moving Average of the stock is 9.01%, while the 200-Day Moving Average is calculated to be 31.34%.
Shares Statistics:
It appears that KIND traded 1.74M shares on average per day over the past three months and 2370780 shares per day over the past ten days. A total of 186.41M shares are outstanding, with a floating share count of 166.89M. Insiders hold about 57.24% of the company’s shares, while institutions hold 23.26% stake in the company. Shares short for KIND as of 1718323200 were 4280319 with a Short Ratio of 2.46, compared to 1715731200 on 3675417. Therefore, it implies a Short% of Shares Outstanding of 4280319 and a Short% of Float of 2.4600001.
