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After finishing at $2.55 in the prior trading day, Nextdoor Holdings Inc (NYSE: KIND) closed at $2.50, down -1.96%. In other words, the price has decreased by -$1.96 from its previous closing price. On the day, 0.59 million shares were traded. KIND stock price reached its highest trading level at $2.55 during the session, while it also had its lowest trading level at $2.495.
Ratios:
Our goal is to gain a better understanding of KIND by taking a closer look at its different 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:
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 Sep 05 ’24 when Schwartz Sophia sold 17,529 shares for $2.33 per share. The transaction valued at 40,843 led to the insider holds 257,383 shares of the business.
SOPHIA SCHWARTZ bought 17,529 shares of KIND for $41,193 on Sep 05 ’24. On Aug 09 ’24, another insider, Francis Tod H, who serves as the 10% Owner of the company, bought 513,959 shares for $2.72 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 949769984 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 -2.07%, while the 200-Day Moving Average is calculated to be 12.59%.
Shares Statistics:
The stock has traded on average 1.50M shares per day over the past 3-months and 1189220 shares per day over the last 10 days, according to various share statistics. 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 24.68% stake in the company. Shares short for KIND as of 1724976000 were 4222236 with a Short Ratio of 2.63, compared to 1722384000 on 4751041. Therefore, it implies a Short% of Shares Outstanding of 4222236 and a Short% of Float of 2.4400001000000002.
