Kinnevik AB (OTCMKTS:KNVKF – Get Free Report) traded down 0.8% during mid-day trading on Monday. The company traded as low as $2.0826 and last traded at $2.0826. Approximately 7,600 shares traded hands during mid-day 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 firm’s fifty day moving average is $2.08 and its 200 day moving average is $2.08. The firm has a market capitalization of $572.96 million and a price-to-earnings 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.
About Kinnevik
Kinnevik AB is a Swedish investment company that invests in businesses with the potential to address major changes in society. Rather than operating a traditional portfolio of consumer or industrial products, Kinnevik provides capital and active ownership support to growth companies.
The company primarily focuses on technology-enabled businesses in areas such as healthcare, software, and climate transition. Its investments have included companies developing digital services, healthcare solutions, financial technology, and other products designed to serve changing consumer and business needs.
Founded in 1936, Kinnevik has evolved from a diversified Swedish industrial investment company into a growth-focused investor.
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