KindlyMD (NASDAQ:NAKA) Shares Gap Down – Here’s Why

KindlyMD, Inc. (NASDAQ:NAKAGet Free Report) gapped down before the market opened on Monday . The stock had previously closed at $4.08, but opened at $3.76. KindlyMD shares last traded at $4.74, with a volume of 2,139,033 shares.

Analyst Upgrades and Downgrades

Separately, Maxim Group assumed coverage on shares of KindlyMD in a research note on Wednesday, September 3rd. They issued a “buy” rating and a $8.00 target price for the company. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $8.00.

View Our Latest Research Report on NAKA

KindlyMD Stock Up 24.0%

The firm’s 50-day moving average price is $9.99. The company has a market cap of $1.90 billion, a PE ratio of -5.88 and a beta of 34.05.

KindlyMD (NASDAQ:NAKAGet Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported ($0.34) earnings per share for the quarter. KindlyMD had a negative net margin of 244.00% and a negative return on equity of 131.09%. The company had revenue of $0.41 million for the quarter.

KindlyMD Company Profile

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Kindly MD, Inc (“KindlyMD” or “Kindly”) is a Utah company formed in 2019. KindlyMD is a healthcare data company, focused on holistic pain management and reducing the impact of the opioid epidemic. KindlyMD offers direct health care to patients integrating prescription medicine and behavioral health services to reduce opioid use in the chronic pain patient population.

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