Katapult Holdings Inc. [KPLT] fell -47.20% so far this year. What now?

Katapult Holdings Inc. [NASDAQ: KPLT] traded at a low on 09/14/21, posting a -2.37 loss after which it closed the day’ session at $6.60. The company report on September 15, 2021 that SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Katapult Holdings, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 26, 2021 – KPLT.

New York, New York–(Newsfile Corp. – September 14, 2021) – The following statement is being issued by Levi & Korsinsky, LLP:.

To: All persons or entities who purchased or otherwise acquired securities of Katapult Holdings, Inc. (“Katapult”) (NASDAQ: KPLT) between December 18, 2020 and August 10, 2021. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York. To get more information go to:.

The results of the trading session contributed to over 24297081 shares changing hands. Over the past one week, the price volatility of Katapult Holdings Inc. stands at 15.34% while the volatility over the past one month is 15.21%.

The market cap for KPLT stock reached $624.16 million, with 98.37 million shares outstanding and 84.63 million shares in the current float. Compared to the average trading volume of 7.94M shares, KPLT reached a trading volume of 24297081 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Katapult Holdings Inc. [KPLT]?

Loop Capital have made an estimate for Katapult Holdings Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 19, 2021.

The Average True Range (ATR) for Katapult Holdings Inc. is set at 0.94, with the Price to Sales ratio for KPLT stock in the period of the last 12 months amounting to 3.95. The Price to Book ratio for the last quarter was 19.41, with the Price to Cash per share for the same quarter was set at 1.16. Price to Free Cash Flow for KPLT in the course of the last twelve months was 96.02 with Quick ratio for the last quarter at 8.60.

How has KPLT stock performed recently?

Katapult Holdings Inc. [KPLT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.85. With this latest performance, KPLT shares gained by 97.01% in over the last four-week period, additionally sinking by -54.64% over the last 6 months – not to mention a drop of -34.33% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for KPLT stock in for the last two-week period is set at 57.35, with the RSI for the last a single of trading hit 66.22, and the three-weeks RSI is set at 51.32 for Katapult Holdings Inc. [KPLT]. The present Moving Average for the last 50 days of trading for this stock 7.03, while it was recorded at 6.45 for the last single week of trading, and 11.86 for the last 200 days.

Katapult Holdings Inc. [KPLT]: Deeper insight into the fundamentals

Return on Total Capital for KPLT is now -0.36, given the latest momentum, and Return on Invested Capital for the company is -14.49. Return on Equity for this stock declined to -14.49, with Return on Assets sitting at -12.65.

Reflecting on the efficiency of the workforce at the company, Katapult Holdings Inc. [KPLT] managed to generate an average of -$15,963,549 per employee.Katapult Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 8.60 and a Current Ratio set at 8.60.

Insider trade positions for Katapult Holdings Inc. [KPLT]

There are presently around $212 million, or 39.60% of KPLT stock, in the hands of institutional investors. The top three institutional holders of KPLT stocks are: IRIDIAN ASSET MANAGEMENT LLC/CT with ownership of 5,678,782, which is approximately 12.176% of the company’s market cap and around 4.30% of the total institutional ownership; TIGER GLOBAL MANAGEMENT LLC, holding 5,000,000 shares of the stock with an approximate value of $33.0 million in KPLT stocks shares; and SUVRETTA CAPITAL MANAGEMENT, LLC, currently with $19.83 million in KPLT stock with ownership of nearly 33.444% of the company’s market capitalization.

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Positions in Katapult Holdings Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 58 institutional holders increased their position in Katapult Holdings Inc. [NASDAQ:KPLT] by around 16,664,366 shares. Additionally, 27 investors decreased positions by around 3,623,502 shares, while 5 investors held positions by with 11,874,091 shares. The mentioned changes placed institutional holdings at 32,161,959 shares, according to the latest SEC report filing. KPLT stock had 27 new institutional investments in for a total of 10,003,585 shares, while 15 institutional investors sold positions of 1,795,495 shares during the same period.

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