A new trading day began on June 21, 2022, with Nextdoor Holdings Inc. (NYSE: KIND) stock priced at $3.26, up 10.16% from the previous day of trading. During the day, the shares moved up to $3.60 and dropped to $3.26 before settling in for the closing price of $3.15. KIND’s price has ranged from $2.47 to $18.59 over the past 52 weeks.
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Meanwhile, its annual earnings per share averaged 53.10%. With a float of $87.84 million, this company’s outstanding shares have now reached $381.88 million.
Let’s look at the performance matrix of the company that is accounted for 602 employees.
Nextdoor Holdings Inc. (KIND) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Internet Content & Information Industry. The insider ownership of Nextdoor Holdings Inc. is 0.58%, while institutional ownership is 76.90%. The most recent insider transaction that took place on Jun 07, was worth 4,955,267. In this transaction Director of this company bought 1,398,371 shares at a rate of $3.54, taking the stock ownership to the 1,398,371 shares. Before that another transaction happened on Jun 07, when Company’s Director bought 1,611,554 for $3.55, making the entire transaction worth $5,726,818. This insider now owns 5,253,364 shares in total.
Nextdoor Holdings Inc. (KIND) Latest Financial update
In its latest quarterly report, released on 3/30/2022, the company reported earnings of -$0.05 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 53.10% per share during the next fiscal year.
Nextdoor Holdings Inc. (NYSE: KIND) Trading Performance Indicators
Here are Nextdoor Holdings Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 21.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.63, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.05 in one year’s time.
Technical Analysis of Nextdoor Holdings Inc. (KIND)
Nextdoor Holdings Inc. (NYSE: KIND) saw its 5-day average volume 3.95 million, a positive change from its year-to-date volume of 2.24 million. As of the previous 9 days, the stock’s Stochastic %D was 35.53%. Additionally, its Average True Range was 0.30.
During the past 100 days, Nextdoor Holdings Inc.’s (KIND) raw stochastic average was set at 20.62%, which indicates a significant decrease from 61.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 99.82% in the past 14 days, which was higher than the 89.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.80, while its 200-day Moving Average is $7.26. Nevertheless, the first resistance level for the watch stands at $3.63 in the near term. At $3.78, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.97. If the price goes on to break the first support level at $3.29, it is likely to go to the next support level at $3.10. The third support level lies at $2.95 if the price breaches the second support level.
Nextdoor Holdings Inc. (NYSE: KIND) Key Stats
With a market capitalization of 1.31 billion, the company has a total of 386,031K Shares Outstanding. Currently, annual sales are 192,200 K while annual income is -95,330 K. The company’s previous quarter sales were 51,000 K while its latest quarter income was -32,950 K.