Kyndryl Holdings Inc (NYSE: KD) kicked off on Tuesday, down -1.80% from the previous trading day, before settling in for the closing price of $23.90. Over the past 52 weeks, KD has traded in a range of $13.87-$28.60.
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During the last 5-year period, the sales drop of Technology Sector giant was -5.92%. While this was happening, its average annual earnings per share was recorded 1240.00%. With a float of $227.68 million, this company’s outstanding shares have now reached $230.40 million.
Let’s determine the extent of company efficiency that accounts for 80000 employees. 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 Activity
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 1.52%, while institutional ownership is 73.59%. 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) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.62 earnings per share (EPS), higher than consensus estimate (set at -0.65) by 0.03. 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 0.35.
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)
Looking closely at Kyndryl Holdings Inc (NYSE: KD), its last 5-days average volume was 0.96 million, which is a drop from its year-to-date volume of 1.72 million. As of the previous 9 days, the stock’s Stochastic %D was 71.38%. Additionally, its Average True Range was 0.72.
During the past 100 days, Kyndryl Holdings Inc’s (KD) raw stochastic average was set at 45.22%, which indicates a significant decrease from 73.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.97% in the past 14 days, which was lower than the 52.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.17, while its 200-day Moving Average is $22.46. However, in the short run, Kyndryl Holdings Inc’s stock first resistance to watch stands at $23.77. Second resistance stands at $24.06. The third major resistance level sits at $24.23. If the price goes on to break the first support level at $23.31, it is likely to go to the next support level at $23.14. Should the price break the second support level, the third support level stands at $22.85.
Kyndryl Holdings Inc (NYSE: KD) Key Stats
The company with the Market Capitalisation of 5.43 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.
