Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded an increase of 3.54%. However, over the last six months, the performance has been stronger by -47.84%. The price of KRNT decreased -21.58% over the last 30 days. And in the last five days, it has fallen by -26.07%.
Kornit Digital Ltd (KRNT) stock is currently valued at $15.23. During the last session, the stock experienced a remarkable rise, reaching $32.0 after opening at $15.23. The stock briefly dropped to $22.0 before ultimately closing at $19.18.
Kornit Digital Ltd experienced a somewhat shaky performance in the stock market.
52-week price history of KRNT Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Kornit Digital Ltd’s current trading price is -55.58% away from its 52-week high, while its distance from the 52-week low is 9.47%. The stock’s price range during this period has varied between$13.91 and $34.28. The Kornit Digital Ltd’s shares, which operate in the Industrials, saw a trading volume of around 2.09 million for the day, a figure considerably higher than their average daily volume of 0.29 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Kornit Digital Ltd (KRNT) has experienced a quarterly decline of -18.86% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 690.34M and boasts a workforce of 715 employees.
Kornit Digital Ltd: Analysts’ Ratings Unveiled
As of right now, 3 analysts are rating Kornit Digital Ltd as a BUY, 3 of the polled analysts branded the stock as an OVERWEIGHT, 1 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 20.14, with a change in price of -6.54. Similarly, Kornit Digital Ltd recorded 299,568 in trading volume during the last 100 days, posting a change of -30.04%.
KRNT’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for KRNT stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.02.
KRNT Stock Stochastic Average
As of today, Kornit Digital Ltd’s raw stochastic average for the last 50 days stands at 23.26%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 26.40%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 17.76% and 13.31%, respectively.
