Kyndryl Holdings Inc (NYSE: KD) kicked off on Tuesday, down -2.79% from the previous trading day, before settling in for the closing price of $22.91. Over the past 52 weeks, KD has traded in a range of $12.21-$28.60.
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A company in the Technology sector has dropped its sales by -5.92% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 1268.18%. With a float of $226.81 million, this company’s outstanding shares have now reached $230.40 million.
In an organization with 80000 employees, it is important to assess its efficiency.
Kyndryl Holdings Inc (KD) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Information Technology Services Industry. The insider ownership of Kyndryl Holdings Inc is 1.61%, while institutional ownership is 73.03%. The most recent insider transaction that took place on Jun 03 ’24, was worth 802,244. In this transaction SVP & Global Controller of this company sold 30,430 shares at a rate of $26.36, taking the stock ownership to the 78,722 shares.
Kyndryl Holdings Inc (KD) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.37 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1268.18% per share during the next fiscal year.
Kyndryl Holdings Inc (NYSE: KD) Trading Performance Indicators
Take a look at Kyndryl Holdings Inc’s (KD) current performance indicators. Last quarter, stock had a quick ratio of 0.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.82, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 2.08 in one year’s time.
Technical Analysis of Kyndryl Holdings Inc (KD)
Let’s dig in a bit further. During the last 5-days, its volume was 3.8 million. That was better than the volume of 1.76 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 17.90%. Additionally, its Average True Range was 1.02.
During the past 100 days, Kyndryl Holdings Inc’s (KD) raw stochastic average was set at 32.41%, which indicates a significant increase from 13.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.83% in the past 14 days, which was higher than the 52.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.12, while its 200-day Moving Average is $21.84. However, in the short run, Kyndryl Holdings Inc’s stock first resistance to watch stands at $22.86. Second resistance stands at $23.46. The third major resistance level sits at $23.76. If the price goes on to break the first support level at $21.96, it is likely to go to the next support level at $21.66. The third support level lies at $21.06 if the price breaches the second support level.
Kyndryl Holdings Inc (NYSE: KD) Key Stats
The company with the Market Capitalisation of 5.13 billion has total of 230,513K Shares Outstanding. Its annual sales at the moment are 16,052 M in contrast with the sum of -340,000 K annual income. Company’s last quarter sales were recorded 3,739 M and last quarter income was 11,000 K.
