KD (Kyndryl Holdings Inc) dropped -0.52 at the last close: Is This Today’s Most Popular Stock?

Kyndryl Holdings Inc (NYSE: KD) on Tuesday, plunged -0.52% from the previous trading day, before settling in for the closing price of $23.01. Within the past 52 weeks, KD’s price has moved between $13.87 and $28.60.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Technology Sector giant saw their annual sales slid by -5.92% over the last five years. The company achieved an average annual earnings per share of 1191.97%. With a float of $227.68 million, this company’s outstanding shares have now reached $230.40 million.

The firm has a total of 80000 workers. Let’s measure their productivity. 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) Breakdown of a Key Holders of the stock

Observing investor behavior towards Information Technology Services industry stocks is more important than anything else. The insider ownership of Kyndryl Holdings Inc is 1.52%, while institutional ownership is 73.30%. 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) Recent Fiscal highlights

As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.62 earnings per share (EPS) for the period topping the consensus outlook (set at -0.65) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.3 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 1191.97% per share during the next fiscal year.

Kyndryl Holdings Inc (NYSE: KD) Trading Performance Indicators

Kyndryl Holdings Inc (KD) is currently performing well based on its current performance indicators. A quick ratio of 0.79 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 0.34.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.82, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 2.09 in one year’s time.

Technical Analysis of Kyndryl Holdings Inc (KD)

Analysing the last 5-days average volume posted by the [Kyndryl Holdings Inc, KD], we can find that recorded value of 1.2 million was lower than the volume posted last year of 1.71 million. As of the previous 9 days, the stock’s Stochastic %D was 28.14%. Additionally, its Average True Range was 0.70.

During the past 100 days, Kyndryl Holdings Inc’s (KD) raw stochastic average was set at 39.03%, which indicates a significant increase from 27.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.82% in the past 14 days, which was lower than the 52.29% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $24.73, while its 200-day Moving Average is $22.70. Now, the first resistance to watch is $23.16. This is followed by the second major resistance level at $23.44. The third major resistance level sits at $23.72. If the price goes on to break the first support level at $22.60, it is likely to go to the next support level at $22.32. Now, if the price goes above the second support level, the third support stands at $22.04.

Kyndryl Holdings Inc (NYSE: KD) Key Stats

Market capitalization of the company is 5.29 billion based on 230,513K outstanding shares. Right now, sales total 16,052 M and income totals -340,000 K. The company made 3,739 M in profit during its latest quarter, and 11,000 K in sales during its previous quarter.