The stock of Nextdoor Holdings Inc (KIND) has gone down by -1.99% for the week, with a -0.40% drop in the past month and a -3.53% drop in the past quarter. The volatility ratio for the week is 4.84%, and the volatility levels for the past 30 days are 5.30% for KIND. The simple moving average for the last 20 days is -0.51% for KIND stock, with a simple moving average of 3.77% for the last 200 days.
Is It Worth Investing in Nextdoor Holdings Inc (NYSE: KIND) Right Now?
The stock has a 36-month beta value of 1.07. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 5 as “hold,” and 0 as “sell.”
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The public float for KIND is 188.17M, and at present, short sellers hold a 2.00% of that float. On November 20, 2024, the average trading volume of KIND was 1.37M shares.
KIND) stock’s latest price update
Nextdoor Holdings Inc (NYSE: KIND) has seen a rise in its stock price by 4.24 in relation to its previous close of 2.36. However, the company has experienced a -1.99% decline in its stock price over the last five trading sessions. fool.com reported 2024-11-18 that This under-the-radar stock has massive potential to scale and monetize its business.
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 previous year 2023.
Wells Fargo, on the other hand, stated in their research note that they expect to see KIND reach a price target of $3.50. The rating they have provided for KIND stocks is “Equal Weight” according to the report published on June 27th, 2023.
Citigroup gave a rating of “Neutral” to KIND, setting the target price at $6.50 in the report published on April 20th of the previous year.
KIND Trading at -0.06% 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 -17.86% of loss for the given period.
Volatility was left at 5.30%, however, over the last 30 days, the volatility rate increased by 4.84%, as shares surge +2.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.37% upper at present.
During the last 5 trading sessions, KIND fell by -1.99%, which changed the moving average for the period of 200-days by +51.85% in comparison to the 20-day moving average, which settled at $2.47. In addition, Nextdoor Holdings Inc saw 30.16% 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 KIND starting from Schwartz Sophia, who sale 2,259 shares at the price of $2.36 back on Nov 18 ’24. After this action, Schwartz Sophia now owns 232,370 shares of Nextdoor Holdings Inc, valued at $5,331 using the latest closing price.
SOPHIA SCHWARTZ, the Officer of Nextdoor Holdings Inc, proposed sale 2,259 shares at $2.37 during a trade that took place back on Nov 18 ’24, which means that SOPHIA SCHWARTZ is holding shares at $5,354 based on the most recent closing price.
Stock Fundamentals for KIND
Current profitability levels for the company are sitting at:
- -0.64 for the present operating margin
- 0.82 for the gross margin
The net margin for Nextdoor Holdings Inc stands at -0.53. The total capital return value is set at -0.31. Equity return is now at value -24.58, with -21.30 for asset returns.
Currently, EBITDA for the company is -172.28 million with net debt to EBITDA at 0.05. When we switch over and look at the enterprise to sales, we see a ratio of 3.93. The receivables turnover for the company is 8.05for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 17.53.
Conclusion
To sum up, Nextdoor Holdings Inc (KIND) 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.
