Kinnevik AB (OTCMKTS:KNVKF – Get Free Report)’s share price was down 0.8% during mid-day trading on Friday . 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 Price Performance
The firm has a market cap of $572.96 million and a PE ratio of 0.10. The firm’s fifty day simple moving average is $2.08 and its two-hundred day simple moving average is $2.08. The company has a quick ratio of 6.33, a current ratio of 6.33 and a debt-to-equity ratio of 0.02.
Kinnevik Company Profile
Kinnevik AB is a Sweden-based investment company founded in 1936 by the Stenbeck family. Initially focused on shipping and industrial hardware distribution, the firm pivoted in the latter half of the 20th century toward media and telecommunications, becoming a prominent backer of regional operators. Over time, Kinnevik cultivated a reputation for long-term, active ownership, leveraging its Stockholm headquarters to identify and develop high-growth businesses.
Today, Kinnevik concentrates on digital consumer markets, with an emphasis on e-commerce, online marketplaces, fintech, healthcare and digital services.
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