Kinnevik (OTCMKTS:KNVKF) Trading Down 0.8% – Here’s What Happened

Kinnevik AB (OTCMKTS:KNVKF)’s stock price was down 0.8% during trading on Friday . The stock traded as low as $2.08 and last traded at $2.08. Approximately 7,600 shares changed hands during 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 stock’s fifty day simple moving average is $2.08 and its two-hundred day simple moving average is $2.08. The firm has a market cap of $572.96 million and a PE ratio of 0.10. The company has a quick ratio of 6.33, a current ratio of 6.33 and a debt-to-equity ratio of 0.02.

About Kinnevik

Kinnevik AB formerly known as Investment AB Kinnevik, is a venture capital firm specializing in investments in growth capital. It prefers to invest in digital consumer business, education, communication, e-commerce and marketplaces, entertainment, healthcare, and financial services but may also invest in other areas.