A new trading day began on Tuesday, with Kyndryl Holdings Inc (NYSE: KD) stock price down -0.78% from the previous day of trading, before settling in for the closing price of $35.67. KD’s price has ranged from $18.81 to $36.43 over the past 52 weeks.
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During the last 5-year period, the sales drop of Technology Sector giant was -5.92%. Meanwhile, its annual earnings per share averaged 1153.08%. With a float of $228.81 million, this company’s outstanding shares have now reached $232.20 million.
Let’s determine the extent of company efficiency that accounts for 80000 employees. In terms of profitability, gross margin is 19.76%, operating margin of 2.24%, and the pretax margin is 0.71%.
Kyndryl Holdings Inc (KD) Breakdown of a Key Holders of the stock
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 1.49%, while institutional ownership is 75.43%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.59 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1153.08% 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 0.54. Likewise, its price to free cash flow for the trailing twelve months is 164.40.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.39, a number that is poised to hit 0.43 in the next quarter and is forecasted to reach 2.08 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 1.71 million, which is a drop from its year-to-date volume of 1.76 million. As of the previous 9 days, the stock’s Stochastic %D was 59.55%. Additionally, its Average True Range was 0.92.
During the past 100 days, Kyndryl Holdings Inc’s (KD) raw stochastic average was set at 93.11%, which indicates a significant increase from 60.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.49% in the past 14 days, which was lower than the 44.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $28.72, while its 200-day Moving Average is $25.08. However, in the short run, Kyndryl Holdings Inc’s stock first resistance to watch stands at $35.84. Second resistance stands at $36.29. The third major resistance level sits at $36.64. If the price goes on to break the first support level at $35.04, it is likely to go to the next support level at $34.69. Now, if the price goes above the second support level, the third support stands at $34.24.
Kyndryl Holdings Inc (NYSE: KD) Key Stats
With a market capitalization of 8.22 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.
