Nextdoor Holdings Inc (NYSE: KIND) on Tuesday, soared 5.16% from the previous trading day, before settling in for the closing price of $2.13. Within the past 52 weeks, KIND’s price has moved between $1.32 and $3.41.
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A company in the Communication Services sector has jumped its sales by 23.07% annually for the last half of the decade. The company achieved an average annual earnings per share of 26.92%. With a float of $154.89 million, this company’s outstanding shares have now reached $186.41 million.
In an organization with 594 employees, it is important to assess its efficiency.
Nextdoor Holdings Inc (KIND) Insider and Institutional Ownership
Observing investor behavior towards Internet Content & Information industry stocks is more important than anything else. The insider ownership of Nextdoor Holdings Inc is 60.65%, while institutional ownership is 21.22%. The most recent insider transaction that took place on Feb 16 ’24, was worth 4,500. In this transaction Head of Legal and Secretary of this company sold 2,500 shares at a rate of $1.80, taking the stock ownership to the 543,923 shares. Before that another transaction happened on Jan 10 ’24, when Company’s Head of Legal and Secretary sold 2,500 for $1.66, making the entire transaction worth $4,150. This insider now owns 543,923 shares in total.
Nextdoor Holdings Inc (KIND) Latest Financial update
As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported -$0.1 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.1) by $0. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 26.92% per share during the next fiscal year.
Nextdoor Holdings Inc (NYSE: KIND) Trading Performance Indicators
Nextdoor Holdings Inc (KIND) is currently performing well based on its current performance indicators. A quick ratio of 16.01 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.39, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.24 in one year’s time.
Technical Analysis of Nextdoor Holdings Inc (KIND)
Let’s dig in a bit further. During the last 5-days, its volume was 1.27 million. That was inferior than the volume of 1.83 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 60.34%. Additionally, its Average True Range was 0.11.
During the past 100 days, Nextdoor Holdings Inc’s (KIND) raw stochastic average was set at 85.98%, which indicates a significant increase from 60.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.17% in the past 14 days, which was lower than the 65.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.88, while its 200-day Moving Average is $2.11. However, in the short run, Nextdoor Holdings Inc’s stock first resistance to watch stands at $2.30. Second resistance stands at $2.36. The third major resistance level sits at $2.44. If the price goes on to break the first support level at $2.16, it is likely to go to the next support level at $2.08. The third support level lies at $2.02 if the price breaches the second support level.
Nextdoor Holdings Inc (NYSE: KIND) Key Stats
Market capitalization of the company is 881.73 million based on 393,631K outstanding shares. Right now, sales total 218,310 K and income totals -147,770 K. The company made 55,560 K in profit during its latest quarter, and -40,530 K in sales during its previous quarter.
