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The closing price of Nextdoor Holdings Inc (NYSE: KIND) was $2.49 for the day, down -0.80% from the previous closing price of $2.51. In other words, the price has decreased by -$0.80 from its previous closing price. On the day, 2.04 million shares were traded. KIND stock price reached its highest trading level at $2.563 during the session, while it also had its lowest trading level at $2.45.
Ratios:
Our analysis of KIND’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 17.53 and its Current Ratio is at 17.53. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 07 ’24 when Schwartz Sophia sold 42,148 shares for $2.76 per share. The transaction valued at 116,248 led to the insider holds 230,112 shares of the business.
SOPHIA SCHWARTZ bought 42,148 shares of KIND for $109,163 on Nov 07 ’24. On Oct 17 ’24, another insider, Schwartz Sophia, who serves as the General Counsel and Secretary of the company, sold 32,406 shares for $2.54 each. As a result, the insider received 82,169 and left with 272,260 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 959180352 and an Enterprise Value of 569531328. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.00 while its Price-to-Book (P/B) ratio in mrq is 2.06. Its current Enterprise Value per Revenue stands at 2.397 whereas that against EBITDA is -5.137.
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 1.57%, while the 200-Day Moving Average is calculated to be 5.76%.
Shares Statistics:
KIND traded an average of 1.35M shares per day over the past three months and 2782090 shares per day over the past ten days. A total of 382.14M shares are outstanding, with a floating share count of 188.61M. Insiders hold about 50.64% of the company’s shares, while institutions hold 24.86% stake in the company. Shares short for KIND as of 1730332800 were 3764752 with a Short Ratio of 2.78, compared to 1727654400 on 3869653. Therefore, it implies a Short% of Shares Outstanding of 3764752 and a Short% of Float of 1.91.
