Klaviyo Inc (NYSE:KVYO) shares, rose in value on Friday, January 24, with the stock price down by -0.46% to the previous day’s close as strong demand from buyers drove the stock to $43.67.
Actively observing the price movement in the last trading, the stock closed the session at $43.87, falling within a range of $43.445 and $44.59. Referring to stock’s 52-week performance, its high was $44.77, and the low was $21.26. On the whole, KVYO has fluctuated by -0.93% over the past month.
With the market capitalization of Klaviyo Inc currently standing at about $11.77 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 924.49M, with a low estimate of 256.1M and a high estimate of 258.17M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 257.24M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that KVYO’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of KVYO currently trading nearly 4.96% and 10.05% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 62.55, while the 7-day volatility ratio is showing 3.07% which for the 30-day chart, stands at 3.51%. Furthermore, Klaviyo Inc (KVYO)’s beta value is 0.61, and its average true range (ATR) is 1.57.
A comparison of Klaviyo Inc (KVYO) with its peers suggests the former has fared considerably weaker in the market. KVYO showed an intraday change of -0.46% in last session, and over the past year, it grew by 75.03%%.
Data on historical trading for Klaviyo Inc (NYSE:KVYO) indicates that the trading volumes over the past 10 days have averaged 0.81 and over the past 3 months, they’ve averaged 1.32 million. According to company’s latest data on outstanding shares, there are 78.48 million shares outstanding.
Nearly 80.58% of Klaviyo Inc’s shares belong to company insiders and institutional investors own 21.40% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 6.63 million shares as on 2024-12-31, resulting in a short ratio of 4.92. According to the data, the short interest in Klaviyo Inc (KVYO) stood at 841.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 5.8 million. The stock has risen by 5.89% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the KVYO stock heading into the next quarter.
