Kindly MD (NASDAQ:KDLY) Shares Up 7.1% – Still a Buy?

Kindly MD, Inc. (NASDAQ:KDLY)’s share price was up 7.1% during mid-day trading on Tuesday . The company traded as high as $1.35 and last traded at $1.35. Approximately 17,626 shares traded hands during trading, a decline of 77% from the average daily volume of 77,143 shares. The stock had previously closed at $1.26.

Kindly MD Trading Up 7.1 %

The business’s 50-day moving average is $1.33 and its 200-day moving average is $1.39.

Kindly MD (NASDAQ:KDLY) last announced its earnings results on Tuesday, November 12th. The company reported ($0.17) earnings per share (EPS) for the quarter. The company had revenue of $0.65 million for the quarter.

Institutional Investors Weigh In On Kindly MD

A hedge fund recently bought a new stake in Kindly MD stock. Townsquare Capital LLC bought a new position in shares of Kindly MD, Inc. (NASDAQ:KDLY) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 701,000 shares of the company’s stock, valued at approximately $736,000. Townsquare Capital LLC owned about 11.78% of Kindly MD at the end of the most recent quarter.

About Kindly MD

KindlyMD Inc is a patient-first healthcare and healthcare data company uniquely integrating traditional primary care and pain management strategies with integrated behavioral and alternative therapies, including the recommendation of medical cannabis in patient treatment plans in compliance with a legalized state medical cannabis regulatory scheme.