Kinnevik (OTCMKTS:KNVKF) Stock Passes Below Two Hundred Day Moving Average – Time to Sell?

Kinnevik AB (OTCMKTS:KNVKFGet Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $5.08 and traded as low as $2.08. Kinnevik shares last traded at $2.08, with a volume of 7,600 shares.

Kinnevik Stock Performance

The company has a debt-to-equity ratio of 0.02, a quick ratio of 6.33 and a current ratio of 6.33. The firm has a 50 day moving average of $2.08 and a two-hundred day moving average of $5.08. The stock has a market cap of $572.96 million and a P/E ratio of 0.10.

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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