Kinnevik (OTCMKTS:KNVKF) Stock Price Down 0.8% – Should You Sell?

Kinnevik AB (OTCMKTS:KNVKFGet Free Report) fell 0.8% during trading on Wednesday . The company traded as low as $2.08 and last traded at $2.08. 7,600 shares changed hands during trading, an increase of 353% from the average session volume of 1,677 shares. The stock had previously closed at $2.10.

Kinnevik Stock Performance

The firm’s 50 day moving average is $2.08 and its 200-day moving average is $12.25. The stock has a market capitalization of $572.96 million and a price-to-earnings ratio of 0.10. The company has a debt-to-equity ratio of 0.02, a quick ratio of 6.33 and a current ratio of 6.33.

Kinnevik Company Profile

(Get Free Report)

Kinnevik AB formerly known as Investment AB Kinnevik, is a venture capital firm specializing in investments in growth capital. It prefers to invest in digital consumer business, education, communication, e-commerce and marketplaces, entertainment, healthcare, and financial services but may also invest in other areas.

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