The stock of Kyndryl Holdings Inc. (KD) has gone down by -11.21% for the week, with a -17.45% drop in the past month and a 25.07% rise in the past quarter. The volatility ratio for the week is 4.62%, and the volatility levels for the past 30 days are 3.39% for KD. The simple moving average for the last 20 days is -13.18% for KD stock, with a simple moving average of 21.08% for the last 200 days.
Is It Worth Investing in Kyndryl Holdings Inc. (NYSE: KD) Right Now?
Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 3 as “hold,” and 0 as “sell.”
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The average price predicted for Kyndryl Holdings Inc. (KD) by analysts is $15.00, which is $1.38 above the current market price. The public float for KD is 202.91M, and at present, short sellers hold a 2.25% of that float. On March 16, 2023, the average trading volume of KD was 1.68M shares.
KD) stock’s latest price update
Kyndryl Holdings Inc. (NYSE: KD)’s stock price has decreased by -5.55 compared to its previous closing price of 14.42. However, the company has experienced a -11.21% decline in its stock price over the last five trading sessions. The Wall Street Journal reported on 07/18/22 that IBM Second-Quarter Earnings Advance on 9% Sales Growth
Analysts’ Opinion of KD
The stock of Kyndryl Holdings Inc. (KD) has gone down by -11.21% for the week, with a -17.45% drop in the past month and a 25.07% rise in the past quarter. The volatility ratio for the week is 4.62%, and the volatility levels for the past 30 days are 3.39% for KD. The simple moving average for the last 20 days is -13.18% for KD stock, with a simple moving average of 21.08% for the last 200 days.
Analysts’ Opinion of KD
Many brokerage firms have already submitted their reports for KD stocks, with Susquehanna repeating the rating for KD by listing it as a “Neutral.” The predicted price for KD in the upcoming period, according to Susquehanna is $14 based on the research report published on January 12th of the current year 2023.
JP Morgan, on the other hand, stated in their research note that they expect to see KD reach a price target of $12. The rating they have provided for KD stocks is “Neutral” according to the report published on August 02nd, 2022.
Evercore ISI gave a rating of “In-line” to KD, setting the target price at $22 in the report published on November 15th of the previous year.
KD Trading at -3.91% from the 50-Day Moving Average
After a stumble in the market that brought KD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.86% of loss for the given period.
Volatility was left at 3.39%, however, over the last 30 days, the volatility rate increased by 4.62%, as shares sank -19.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +22.48% upper at present.
During the last 5 trading sessions, KD fell by -11.21%, which changed the moving average for the period of 200-days by +10.02% in comparison to the 20-day moving average, which settled at $15.53. In addition, Kyndryl Holdings Inc. saw 22.48% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at KD starting from Keinan Elly, who purchase 23,800 shares at the price of $9.19 back on Nov 09. After this action, Keinan Elly now owns 651,309 shares of Kyndryl Holdings Inc., valued at $218,812 using the latest closing price.
Schroeter Martin J, the Chief Executive Officer of Kyndryl Holdings Inc., purchase 109,000 shares at $9.68 during a trade that took place back on Nov 08, which means that Schroeter Martin J is holding 1,191,833 shares at $1,055,153 based on the most recent closing price.
Stock Fundamentals for KD
Current profitability levels for the company are sitting at:
- -3.70 for the present operating margin
- +11.18 for the gross margin
The net margin for Kyndryl Holdings Inc. stands at -12.43. Equity return is now at value -42.20, with -7.00 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.07.
Conclusion
To sum up, Kyndryl Holdings Inc. (KD) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
