Kinnevik AB (OTCMKTS:KNVKF – Get Free Report) dropped 0.8% during trading on Monday. The stock traded as low as $2.0826 and last traded at $2.0826. Approximately 7,600 shares were traded during mid-day trading, an increase of 353% from the average daily volume of 1,677 shares. The stock had previously closed at $2.10.
Kinnevik Trading Down 0.8%
The company has a debt-to-equity ratio of 0.02, a quick ratio of 6.33 and a current ratio of 6.33. The stock has a market capitalization of $572.96 million and a PE ratio of 0.10. The stock has a 50-day moving average price of $2.08 and a two-hundred day moving average price of $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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