Kindly MD Inc (NASDAQ:KDLY) shares, rose in value on Friday, May 09, with the stock price up by 3.17% to the previous day’s close as strong demand from buyers drove the stock to $3.90.
Actively observing the price movement in the last trading, the stock closed the session at $3.78. Referring to stock’s 52-week performance, its high was $5.25, and the low was $0.65. On the whole, KDLY has fluctuated by 122.86% over the past month.
With the market capitalization of Kindly MD Inc currently standing at about $23.48 million, investors are eagerly awaiting this quarter’s results, scheduled for in June.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that KDLY’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 KDLY currently trading nearly 81.52% and 110.99% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 85.11, while the 7-day volatility ratio is showing 22.13% which for the 30-day chart, stands at 14.63%. Furthermore, Kindly MD Inc (KDLY)’s beta value is 0.17, and its average true range (ATR) is 0.39.
Data on historical trading for Kindly MD Inc (NASDAQ:KDLY) indicates that the trading volumes over the past 3 months, they’ve averaged 4.85 million. According to company’s latest data on outstanding shares, there are 6.03 million shares outstanding.
Nearly 67.72% of Kindly MD Inc’s shares belong to company insiders and institutional investors own 16.52% of the company’s shares. The stock has risen by 214.52% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the KDLY stock heading into the next quarter.
