Kyndryl Holdings Inc [NYSE: KD] jumped around 5.78 points on Wednesday, while shares priced at $26.55 at the close of the session, up 27.83%.
Compared to the average trading volume of 1.57M shares, KD reached a trading volume of 7899123 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Kyndryl Holdings Inc [KD]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KD shares is $30.52 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KD stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Susquehanna have made an estimate for Kyndryl Holdings Inc shares, keeping their opinion on the stock as Positive, with their previous recommendation back on February 12, 2024. The new note on the price target was released on January 08, 2024, representing the official price target for Kyndryl Holdings Inc stock. Previously, the target price had yet another raise from $20 to $25, while JP Morgan kept a Overweight rating on KD stock.
The Average True Range (ATR) for Kyndryl Holdings Inc is set at 0.99, with the Price to Sales ratio for KD stock in the period of the last 12 months amounting to 0.38. The Price to Book ratio for the last quarter was 5.14, with the Price to Cash per share for the same quarter was set at 6.75.
How has KD stock performed recently?
Kyndryl Holdings Inc [KD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 32.82. With this latest performance, KD shares gained by 19.81% in over the last four-week period, additionally plugging by 72.96% over the last 6 months – not to mention a rise of 85.66% 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 KD stock in for the last two-week period is set at 80.57, with the RSI for the last a single of trading hit 87.49, and the three-weeks RSI is set at 74.94 for Kyndryl Holdings Inc [KD]. The present Moving Average for the last 50 days of trading for this stock 21.29, while it was recorded at 21.73 for the last single week of trading, and 18.48 for the last 200 days.
Kyndryl Holdings Inc [KD]: Deeper insight into the fundamentals
Kyndryl Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.76 and a Current Ratio set at 0.76.
Insider trade positions for Kyndryl Holdings Inc [KD]
The top three institutional holders of KD stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in KD stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in KD stock with ownership which is approximately 5.8386%.
