and a 36-month beta value of 0.73. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 6 as “hold,” and 0 as “sell.”
The average price predicted for Nextdoor Holdings Inc (KIND) by analysts is $2.44, which is $0.89 above the current market price. The public float for KIND is 145.74M, and at present, short sellers hold a 3.79% of that float. On November 17, 2023, the average trading volume of KIND was 1.40M shares.
KIND) stock’s latest price update
The stock of Nextdoor Holdings Inc (NYSE: KIND) has decreased by -4.32 when compared to last closing price of 1.62. Despite this, the company has experienced a 7.64% gain in its stock price over the last five trading sessions. The Motley Fool reported 2023-11-08 that Nextdoor reported its Q3 2023 earnings. The company is posting slow revenue growth and high losses.
KIND’s Market Performance
KIND’s stock has risen by 7.64% in the past week, with a monthly drop of -15.30% and a quarterly drop of -27.91%. The volatility ratio for the week is 10.48% while the volatility levels for the last 30 days are 6.35% for Nextdoor Holdings Inc The simple moving average for the past 20 days is -9.36% for KIND’s stock, with a -32.27% simple moving average for the past 200 days.
Analysts’ Opinion of KIND
Many brokerage firms have already submitted their reports for KIND stocks, with Evercore ISI repeating the rating for KIND by listing it as a “In-line.” The predicted price for KIND in the upcoming period, according to Evercore ISI is $3 based on the research report published on November 08, 2023 of the current year 2023.
KIND Trading at -14.94% from the 50-Day Moving Average
After a stumble in the market that brought KIND to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -54.61% of loss for the given period.
Volatility was left at 6.35%, however, over the last 30 days, the volatility rate increased by 10.48%, as shares sank -15.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -22.89% lower at present.
During the last 5 trading sessions, KIND rose by +7.64%, which changed the moving average for the period of 200-days by -40.61% in comparison to the 20-day moving average, which settled at $1.6955. In addition, Nextdoor Holdings Inc saw -24.76% 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 KIND starting from Orta John, who sale 2,500 shares at the price of $1.92 back on Oct 10. After this action, Orta John now owns 551,423 shares of Nextdoor Holdings Inc, valued at $4,807 using the latest closing price.
Orta John, the Head of Legal and Secretary of Nextdoor Holdings Inc, sale 2,500 shares at $2.00 during a trade that took place back on Sep 11, which means that Orta John is holding 553,923 shares at $5,000 based on the most recent closing price.
Stock Fundamentals for KIND
Current profitability levels for the company are sitting at:
- -67.78 for the present operating margin
- +79.02 for the gross margin
The net margin for Nextdoor Holdings Inc stands at -64.82. The total capital return value is set at -19.40, while invested capital returns managed to touch -18.75. Equity return is now at value -23.51, with -20.32 for asset returns.
Based on Nextdoor Holdings Inc (KIND), the company’s capital structure generated 10.08 points at debt to equity in total, while total debt to capital is 9.16. Total debt to assets is 8.81, with long-term debt to equity ratio resting at 8.81. Finally, the long-term debt to capital ratio is 8.00.
When we switch over and look at the enterprise to sales, we see a ratio of 0.47, with the company’s debt to enterprise value settled at 0.24. The receivables turnover for the company is 7.16 and the total asset turnover is 0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 18.04.
To sum up, Nextdoor Holdings Inc (KIND) has seen a bad 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.