A new trading day began on Monday, with Kyndryl Holdings Inc (NYSE: KD) stock price up 0.50% from the previous day of trading, before settling in for the closing price of $27.92. KD’s price has ranged from $17.62 to $28.93 over the past 52 weeks.
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Annual sales at Technology sector company slipped by -5.92% over the past five years. Meanwhile, its annual earnings per share averaged 1154.55%. With a float of $228.78 million, this company’s outstanding shares have now reached $230.40 million.
Let’s look at the performance matrix of the company that is accounted for 80000 employees. In terms of profitability, gross margin is 18.75%, operating margin of 1.87%, and the pretax margin is 0.03%.
Kyndryl Holdings Inc (KD) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Information Technology Services Industry. The insider ownership of Kyndryl Holdings Inc is 1.50%, while institutional ownership is 75.58%. 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
According to the Wall Street analysts, stocks earnings will be around 1154.55% per share during the next fiscal year.
Kyndryl Holdings Inc (NYSE: KD) Trading Performance Indicators
Here are Kyndryl Holdings Inc’s current performance indicators. According to the last quarter’s results, the 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 0.42. Likewise, its price to free cash flow for the trailing twelve months is 128.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.39, a number that is poised to hit 0.45 in the next quarter and is forecasted to reach 1.98 in one year’s time.
Technical Analysis of Kyndryl Holdings Inc (KD)
Kyndryl Holdings Inc (NYSE: KD) saw its 5-day average volume 2.61 million, a positive change from its year-to-date volume of 1.7 million. As of the previous 9 days, the stock’s Stochastic %D was 85.85%. Additionally, its Average True Range was 0.85.
During the past 100 days, Kyndryl Holdings Inc’s (KD) raw stochastic average was set at 88.54%, which indicates a significant increase from 86.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.44% in the past 14 days, which was higher than the 40.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $24.37, while its 200-day Moving Average is $23.82. Nevertheless, the first resistance level for the watch stands at $28.46 in the near term. At $28.86, the stock is likely to face the second major resistance level. The third major resistance level sits at $29.11. If the price goes on to break the first support level at $27.81, it is likely to go to the next support level at $27.56. Assuming the price breaks the second support level, the third support level stands at $27.16.
Kyndryl Holdings Inc (NYSE: KD) Key Stats
With a market capitalization of 6.44 billion, the company has a total of 232,271K Shares Outstanding. Currently, annual sales are 16,052 M while annual income is -340,000 K. The company’s previous quarter sales were 3,774 M while its latest quarter income was -43,000 K.
