Kyndryl Holdings Inc (NYSE: KD) kicked off on Tuesday, down -1.40% from the previous trading day, before settling in for the closing price of $23.54. Over the past 52 weeks, KD has traded in a range of $13.87-$28.60.
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It was noted that within the last five years, the titan of the Technology sector saw sales slided by -5.92%. While this was happening, its average annual earnings per share was recorded 1240.00%. With a float of $227.48 million, this company’s outstanding shares have now reached $230.40 million.
The extent of productivity of a business whose workforce counts for 80000 workers is very important to gauge. In terms of profitability, gross margin is 16.28%, operating margin of -1.49%, and the pretax margin is -4.04%.
Kyndryl Holdings Inc (KD) Insider Updates
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 73.58%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1240.00% 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 0.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.34.
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 2.17 in one year’s time.
Technical Analysis of Kyndryl Holdings Inc (KD)
The latest stats from [Kyndryl Holdings Inc, KD] show that its last 5-days average volume of 1.23 million was inferior to 1.75 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 85.22%. Additionally, its Average True Range was 0.83.
During the past 100 days, Kyndryl Holdings Inc’s (KD) raw stochastic average was set at 42.45%, which indicates a significant increase from 36.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.85% in the past 14 days, which was higher than the 52.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.38, while its 200-day Moving Average is $22.26. Now, the first resistance to watch is $23.59. This is followed by the second major resistance level at $23.98. The third major resistance level sits at $24.25. If the price goes on to break the first support level at $22.94, it is likely to go to the next support level at $22.67. Assuming the price breaks the second support level, the third support level stands at $22.29.
Kyndryl Holdings Inc (NYSE: KD) Key Stats
The company with the Market Capitalisation of 5.37 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.
