Akerna Corp. (NASDAQ:KERN) went down by -9.61% from its latest closing price compared to the recent 1-year high of $51.00. The company’s stock price has collected -22.85% of loss in the last five trading sessions.
Is It Worth Investing in Akerna Corp. (NASDAQ :KERN) Right Now?
Plus, the 36-month beta value for KERN is at 2.73. Opinions of the stock are interesting as 0 analysts out of 1 who provided ratings for Akerna Corp. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $1.50, which is $0.61 above the current price. KERN currently public float of 4.30M and currently shorts hold a 5.16% ratio of that float. Today, the average trading volume of KERN was 645.65K shares.
KERN’s Market Performance
KERN stocks went down by -22.85% for the week, with a monthly drop of -54.80% and a quarterly performance of -67.27%, while its annual performance rate touched -98.17%. The volatility ratio for the week stands at 12.72% while the volatility levels for the past 30 days are set at 17.61% for Akerna Corp. The simple moving average for the period of the last 20 days is -42.49% for KERN stocks with a simple moving average of -90.22% for the last 200 days.
Analysts’ Opinion of KERN
Many brokerage firms have already submitted their reports for KERN stocks, with Lake Street repeating the rating for KERN by listing it as a “Buy.” The predicted price for KERN in the upcoming period, according to Lake Street is $8 based on the research report published on July 23rd of the previous year 2021.
Alliance Global Partners, on the other hand, stated in their research note that they expect to see KERN reach a price target of $18. The rating they have provided for KERN stocks is “Buy” according to the report published on December 19th, 2019.
KERN Trading at -52.39% from the 50-Day Moving Average
After a stumble in the market that brought KERN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.25% of loss for the given period.
Volatility was left at 17.61%, however, over the last 30 days, the volatility rate increased by 12.72%, as shares sank -55.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -72.88% lower at present.
During the last 5 trading sessions, KERN fell by -22.85%, which changed the moving average for the period of 200-days by -96.85% in comparison to the 20-day moving average, which settled at $1.4998. In addition, Akerna Corp. saw -97.44% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at KERN starting from Kane Matthew Ryan, who purchase 99,600 shares at the price of $2.00 back on Dec 15. After this action, Kane Matthew Ryan now owns 343,227 shares of Akerna Corp., valued at $198,901 using the latest closing price.
Kane Matthew Ryan, the Director of Akerna Corp., purchase 100,400 shares at $2.00 during a trade that took place back on Dec 14, which means that Kane Matthew Ryan is holding 243,627 shares at $200,298 based on the most recent closing price.
Stock Fundamentals for KERN
Current profitability levels for the company are sitting at:
- -113.70 for the present operating margin
- +57.56 for the gross margin
The net margin for Akerna Corp. stands at -112.70. The total capital return value is set at -30.98, while invested capital returns managed to touch -30.70. Equity return is now at value -228.00, with -110.30 for asset returns.
The receivables turnover for the company is 13.84 and the total asset turnover is 0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 10.04.