Nextdoor Holdings Inc (NYSE: KIND) on Tuesday, soared 6.97% from the previous trading day, before settling in for the closing price of $2.01. Within the past 52 weeks, KIND’s price has moved between $1.32 and $3.41.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 23.07%. The company achieved an average annual earnings per share of 26.92%. With a float of $154.22 million, this company’s outstanding shares have now reached $186.41 million.
Considering the fact that the conglomerate employs 594 people, you should pay attention to its efficiency factor.
Nextdoor Holdings Inc (KIND) Breakdown of a Key Holders of the stock
Observing investor behavior towards Internet Content & Information industry stocks is more important than anything else. The insider ownership of Nextdoor Holdings Inc is 60.55%, while institutional ownership is 24.09%. 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 15 ’24, when Company’s CFO and Treasurer sold 20,316 for $1.36, making the entire transaction worth $27,707. This insider now owns 109,510 shares in total.
Nextdoor Holdings Inc (KIND) Recent Fiscal highlights
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 3.85.
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)
Compared to the last year’s volume of 1.62 million, its volume of 0.86 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 58.54%. Additionally, its Average True Range was 0.09.
During the past 100 days, Nextdoor Holdings Inc’s (KIND) raw stochastic average was set at 77.57%, which indicates a significant increase from 70.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.32% in the past 14 days, which was lower than the 52.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.07, while its 200-day Moving Average is $2.02. Nevertheless, the first resistance level for the watch stands at $2.19 in the near term. At $2.24, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.32. If the price goes on to break the first support level at $2.06, it is likely to go to the next support level at $1.98. Now, if the price goes above the second support level, the third support stands at $1.93.
Nextdoor Holdings Inc (NYSE: KIND) Key Stats
Market capitalization of the company is 840.50 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.
