Kinnevik AB (OTCMKTS:KNVKF – Get Free Report) traded down 0.8% during mid-day 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 session volume of 1,677 shares. The stock had previously closed at $2.10.
Kinnevik Price Performance
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 price-to-earnings ratio of 0.10. The business’s 50 day simple moving average is $2.08 and its 200-day simple moving average is $2.08.
About Kinnevik
Kinnevik AB is a Sweden-based investment company focused on backing innovative businesses with the potential to become significant, sustainable companies. Its investments are primarily concentrated in growth-oriented sectors such as healthcare, software, consumer technology and climate-related businesses.
The company typically invests in private and publicly traded companies, providing capital and strategic support to businesses during their expansion. Kinnevik’s portfolio has included companies operating across Europe and the United States, with a particular emphasis on technology-enabled business models and companies addressing long-term changes in healthcare, society and the environment.
Founded in 1936, Kinnevik has evolved from a traditional Swedish industrial investment group into an international growth investor.
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