Kyndryl Holdings Inc (NYSE: KD) on Friday, soared 0.22% from the previous trading day, before settling in for the closing price of $22.88. Within the past 52 weeks, KD’s price has moved between $13.87 and $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. The company achieved an average annual earnings per share of 1191.97%. With a float of $227.69 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. 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 and Institutional Ownership
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 73.22%. 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
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)
Let’s dig in a bit further. During the last 5-days, its volume was 1.08 million. That was inferior than the volume of 1.7 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 35.34%. Additionally, its Average True Range was 0.65.
During the past 100 days, Kyndryl Holdings Inc’s (KD) raw stochastic average was set at 39.46%, which indicates a significant increase from 32.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.81% in the past 14 days, which was lower than the 52.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.49, while its 200-day Moving Average is $22.77. However, in the short run, Kyndryl Holdings Inc’s stock first resistance to watch stands at $23.17. Second resistance stands at $23.41. The third major resistance level sits at $23.56. If the price goes on to break the first support level at $22.78, it is likely to go to the next support level at $22.63. The third support level lies at $22.39 if the price breaches the second support level.
Kyndryl Holdings Inc (NYSE: KD) Key Stats
Market capitalization of the company is 5.30 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.
