Nextdoor Holdings Inc (KIND) 20 Days SMA touches 5.80%: The odds favor the bear

On Tuesday, Nextdoor Holdings Inc (NYSE: KIND) opened lower -1.10% from the last session, before settling in for the closing price of $2.73. Price fluctuations for KIND have ranged from $1.61 to $2.99 over the past 52 weeks.

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Annual sales at Communication Services sector company grew by 23.07% over the past five years. Company’s average yearly earnings per share was noted 32.48% at the time writing. With a float of $191.26 million, this company’s outstanding shares have now reached $212.19 million.

Let’s look at the performance matrix of the company that is accounted 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) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Internet Content & Information industry is another important factor to consider. The insider ownership of Nextdoor Holdings Inc is 49.95%, while institutional ownership is 28.99%. The most recent insider transaction that took place on Dec 09 ’24, was worth 3,105. In this transaction General Counsel and Secretary of this company sold 1,129 shares at a rate of $2.75, taking the stock ownership to the 214,407 shares. Before that another transaction happened on Dec 09 ’24, when Company’s Officer proposed sale 1,129 for $2.68, making the entire transaction worth $3,026.

Nextdoor Holdings Inc (KIND) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 32.48% per share during the next fiscal year.

Nextdoor Holdings Inc (NYSE: KIND) Trading Performance Indicators

Check out the current performance indicators for Nextdoor Holdings Inc (KIND). In the past quarter, the stock posted a quick ratio of 17.53. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.34.

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 -0.17 in one year’s time.

Technical Analysis of Nextdoor Holdings Inc (KIND)

Nextdoor Holdings Inc (NYSE: KIND) saw its 5-day average volume 1.24 million, a negative change from its year-to-date volume of 1.27 million. As of the previous 9 days, the stock’s Stochastic %D was 77.32%. Additionally, its Average True Range was 0.10.

During the past 100 days, Nextdoor Holdings Inc’s (KIND) raw stochastic average was set at 59.86%, which indicates a significant decrease from 80.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.52% in the past 14 days, which was lower than the 43.85% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.50, while its 200-day Moving Average is $2.50. Nevertheless, the first resistance level for the watch stands at $2.73 in the near term. At $2.77, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.79. If the price goes on to break the first support level at $2.67, it is likely to go to the next support level at $2.65. The third support level lies at $2.62 if the price breaches the second support level.

Nextdoor Holdings Inc (NYSE: KIND) Key Stats

There are currently 382,143K shares outstanding in the company with a market cap of 1.03 billion. Presently, the company’s annual sales total 218,310 K according to its annual income of -147,770 K. Last quarter, the company’s sales amounted to 65,610 K and its income totaled -14,900 K.