Kinnevik AB (OTCMKTS:KNVKF – Get Free Report) shares were down 0.8% during mid-day trading on Monday. The company traded as low as $2.0826 and last traded at $2.0826. 7,600 shares changed hands during trading, an increase of 353% from the average session volume of 1,677 shares. The stock had previously closed at $2.10.
Kinnevik Stock Performance
The stock has a market cap of $572.96 million and a P/E ratio of 0.10. 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’s 50-day moving average price is $2.08 and its 200-day moving average price is $2.08.
About Kinnevik
Kinnevik AB is a Sweden-based investment company that provides long-term capital and active ownership to growth-oriented businesses. Rather than operating a portfolio of consumer or industrial products directly, Kinnevik invests in companies developing products and services in areas such as healthcare, software and climate-related technologies.
The company typically focuses on businesses with the potential to address significant societal or structural challenges. Its portfolio has included companies in healthcare delivery, biotechnology, digital platforms, financial technology and other technology-enabled industries.
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