Kindly MD Inc. (KDLY) Shares Decline Despite Market Challenges

Kindly MD Inc. (NASDAQ: KDLY) has experienced a decline in its stock price by -7.57 compared to its previous closing price of 1.23. However, the company has seen a fall of -10.81% in its stock price over the last five trading days. accesswire.com reported 2024-09-12 that SALT LAKE CITY, UT / ACCESSWIRE / September 12, 2024 / KindlyMD, Inc. (“KindlyMD” or the “Company”) (NASDAQ:KDLY), a patient-first healthcare and healthcare data company uniquely integrating traditional primary care and pain management strategies with integrated behavioral and alternative therapies, today announced it has been recognized as one of the winners of the Healthcare AI Impact Award 2024. This award spotlights the most forward-thinking companies in healthcare, driving real improvements in patient care and operational efficiency through the use of artificial intelligence.

Is It Worth Investing in Kindly MD Inc. (NASDAQ: KDLY) Right Now?

The public float for KDLY is 1.91M, and currently, shorts hold a 2.67% of that float. The average trading volume for KDLY on September 27, 2024 was 93.70K shares.

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KDLY’s Market Performance

KDLY’s stock has seen a -10.81% decrease for the week, with a -23.31% drop in the past month and a -59.32% fall in the past quarter. The volatility ratio for the week is 7.46%, and the volatility levels for the past 30 days are at 9.90% for Kindly MD Inc. The simple moving average for the past 20 days is -10.05% for KDLY’s stock, with a -44.22% simple moving average for the past 200 days.

KDLY Trading at -30.69% from the 50-Day Moving Average

After a stumble in the market that brought KDLY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -72.98% of loss for the given period.

Volatility was left at 9.90%, however, over the last 30 days, the volatility rate increased by 7.46%, as shares sank -16.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -51.70% lower at present.

During the last 5 trading sessions, KDLY fell by -10.81%, in comparison to the 20-day moving average, which settled at $1.2502. In addition, Kindly MD Inc. saw -62.42% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for KDLY

Current profitability levels for the company are sitting at:

  • -0.67 for the present operating margin
  • -0.26 for the gross margin

The net margin for Kindly MD Inc. stands at -0.79. The total capital return value is set at -0.46. Equity return is now at value -113.00, with -77.81 for asset returns.

Based on Kindly MD Inc. (KDLY), the company’s capital structure generated 0.09 points at debt to capital in total, while cash flow to debt ratio is standing at -2.93. The debt to equity ratio resting at 0.1. The interest coverage ratio of the stock is -4.82.

Currently, EBITDA for the company is -1.42 million with net debt to EBITDA at 2.29. When we switch over and look at the enterprise to sales, we see a ratio of 0.79. The receivables turnover for the company is 597.61for trailing twelve months and the total asset turnover is 0.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.36.

Conclusion

In conclusion, Kindly MD Inc. (KDLY) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.

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