Kinnevik (OTCMKTS:KNVKF) Stock Price Crosses Below 50-Day Moving Average of $37.55

Kinnevik AB (OTCMKTS:KNVKFGet Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $37.55 and traded as low as $37.25. Kinnevik shares last traded at $37.55, with a volume of 1,500 shares changing hands.

Kinnevik Stock Performance

The company has a debt-to-equity ratio of 0.02, a current ratio of 6.33 and a quick ratio of 6.33. The firm has a market cap of $10.33 billion and a PE ratio of 1.74. The company has a 50 day simple moving average of $37.55 and a 200-day simple moving average of $37.55.

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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