Kyndryl Holdings Inc (KD) concluded trading on Thursday at a closing price of $38.34, with 2.98 million shares of worth about $114.32 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 41.58% during that period and on January 16, 2025 the price saw a gain of about 0.13%. Currently the company’s common shares owned by public are about 232.20M shares, out of which, 228.88M shares are available for trading.
Stock saw a price change of 1.64% in past 5 days and over the past one month there was a price change of 8.58%. Year-to-date (YTD), KD shares are showing a performance of 10.81% which increased to 83.18% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $19.24 but also hit the highest price of $39.47 during that period. The average intraday trading volume for Kyndryl Holdings Inc shares is 2.20 million. The stock is currently trading 6.26% above its 20-day simple moving average (SMA20), while that difference is up 15.42% for SMA50 and it goes to 45.03% higher than SMA200.
Kyndryl Holdings Inc (NYSE: KD) currently have 232.20M outstanding shares and institutions hold larger chunk of about 74.69% of that.
The stock has a current market capitalization of $8.91B and its 3Y-monthly beta is at 1.94. It has posted earnings per share of -$0.39 in the same period. It has Quick Ratio of 0.80 while making debt-to-equity ratio of 3.85. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for KD, volatility over the week remained 2.40% while standing at 2.98% over the month.
Stock’s fiscal year EPS is expected to rise by 1153.08% while it is estimated to increase by 79.47% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Oppenheimer on November 22, 2024 offering an Outperform rating for the stock and assigned a target price range of between $33 and $37 to it. Coverage by BofA Securities stated Kyndryl Holdings Inc (KD) stock as a Buy in their note to investors on November 22, 2024, suggesting a price target of $40 for the stock. On June 27, 2024, Oppenheimer Initiated their recommendations, while on February 12, 2024, Susquehanna Upgrade their ratings for the stock with a price target of $27. Stock get an Outperform rating from Evercore ISI on January 08, 2024.
