Kinnevik (OTCMKTS:KNVKF) Shares Down 0.8% – Here’s Why

Kinnevik AB (OTCMKTS:KNVKFGet Free Report)’s share price was down 0.8% on Wednesday . The stock traded as low as $2.08 and last traded at $2.08. Approximately 7,600 shares were traded during mid-day trading, an increase of 353% from the average daily volume of 1,677 shares. The stock had previously closed at $2.10.

Kinnevik Price Performance

The stock’s fifty day moving average price is $2.08 and its 200-day moving average price is $8.49. The company has a current ratio of 6.33, a quick ratio of 6.33 and a debt-to-equity ratio of 0.02. The firm has a market cap of $572.96 million and a price-to-earnings ratio of 0.10.

About Kinnevik

(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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