Kindly MD Inc (NASDAQ:NAKA) price on Wednesday, June 11, rose 58.10% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $18.34.
A look at the stock’s price movement, the close in the last trading session was $11.60. Turning to its 52-week performance, $34.77 and $0.65 were the 52-week high and 52-week low respectively. Overall, NAKA moved 33.97% over the past month.
Kindly MD Inc’s market cap currently stands at around $110.41 million, with investors looking forward to this quarter’s earnings report slated for in July.
Turning to the stock’s technical picture we see that short term indicators suggest on average that NAKA is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
NAKA’s current price about 1.80% and 108.39% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 57.00, while 7-day volatility ratio is 29.17% and 22.23% in the 30-day chart. Further, Kindly MD Inc (NAKA) has a beta value of 41.06, and an average true range (ATR) of 4.21.
If we refocus on Kindly MD Inc (NASDAQ:NAKA), historical trading data shows that trading volumes averaged 2.96 million over the past 3 months. The company’s latest data on shares outstanding shows there are 6.02 million shares.
The 66.75% of Kindly MD Inc’s shares are in the hands of company insiders while institutional holders own 16.58% of the company’s shares. Current price change has pushed the stock 1379.03% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the NAKA stock continues to rise going into the next quarter.
