Nextdoor Holdings Inc (KIND) kicked off at the price of $2.68: Venture capitalists have an exciting new opportunity

Nextdoor Holdings Inc (NYSE: KIND) kicked off on Friday, up 8.06% from the previous trading day, before settling in for the closing price of $2.48. Over the past 52 weeks, KIND has traded in a range of $1.32-$2.99.

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During the last 5-year period, the sales growth of Communication Services Sector giant was 23.07%. While this was happening, its average annual earnings per share was recorded 32.05%. With a float of $188.18 million, this company’s outstanding shares have now reached $212.19 million.

Let’s determine the extent of company efficiency that accounts for 594 employees. In terms of profitability, gross margin is 82.35%, operating margin of -64.05%, and the pretax margin is -52.92%.

Nextdoor Holdings Inc (KIND) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Internet Content & Information Industry. The insider ownership of Nextdoor Holdings Inc is 50.76%, while institutional ownership is 25.79%. The most recent insider transaction that took place on Dec 02 ’24, was worth 41,221. In this transaction General Counsel and Secretary of this company sold 16,834 shares at a rate of $2.45, taking the stock ownership to the 215,536 shares. Before that another transaction happened on Dec 02 ’24, when Company’s Officer proposed sale 16,834 for $2.43, making the entire transaction worth $40,907.

Nextdoor Holdings Inc (KIND) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 32.05% per share during the next fiscal year.

Nextdoor Holdings Inc (NYSE: KIND) Trading Performance Indicators

Take a look at Nextdoor Holdings Inc’s (KIND) current performance indicators. Last quarter, stock had a quick ratio of 17.53. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.66.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.33, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.16 in one year’s time.

Technical Analysis of Nextdoor Holdings Inc (KIND)

Looking closely at Nextdoor Holdings Inc (NYSE: KIND), its last 5-days average volume was 2.21 million, which is a jump from its year-to-date volume of 1.61 million. As of the previous 9 days, the stock’s Stochastic %D was 59.42%. Additionally, its Average True Range was 0.12.

During the past 100 days, Nextdoor Holdings Inc’s (KIND) raw stochastic average was set at 59.62%, which indicates a significant decrease from 100.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.54% in the past 14 days, which was lower than the 48.23% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.48, while its 200-day Moving Average is $2.42. However, in the short run, Nextdoor Holdings Inc’s stock first resistance to watch stands at $2.75. Second resistance stands at $2.81. The third major resistance level sits at $2.95. If the price goes on to break the first support level at $2.55, it is likely to go to the next support level at $2.41. Now, if the price goes above the second support level, the third support stands at $2.35.

Nextdoor Holdings Inc (NYSE: KIND) Key Stats

The company with the Market Capitalisation of 1.11 billion has total of 382,143K Shares Outstanding. Its annual sales at the moment are 218,310 K in contrast with the sum of -147,770 K annual income. Company’s last quarter sales were recorded 65,610 K and last quarter income was -14,900 K.