Kinnevik AB (OTCMKTS:KNVKF – Get Free Report)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $2.08 and traded as high as $2.17. Kinnevik shares last traded at $2.0826, with a volume of 7,600 shares traded.
Kinnevik Price Performance
The company has a fifty day moving average price of $2.08 and a two-hundred day moving average price of $2.08. The firm has a market capitalization of $572.96 million and a PE ratio of 0.10. The company has a current ratio of 6.33, a quick ratio of 6.33 and a debt-to-equity ratio of 0.02.
About Kinnevik
Kinnevik AB is a Sweden-based investment company founded in 1936 by the Stenbeck family. Initially focused on shipping and industrial hardware distribution, the firm pivoted in the latter half of the 20th century toward media and telecommunications, becoming a prominent backer of regional operators. Over time, Kinnevik cultivated a reputation for long-term, active ownership, leveraging its Stockholm headquarters to identify and develop high-growth businesses.
Today, Kinnevik concentrates on digital consumer markets, with an emphasis on e-commerce, online marketplaces, fintech, healthcare and digital services.
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