Kinnevik AB (OTCMKTS:KNVKF – Get Free Report)’s share price dropped 0.8% during mid-day trading on Monday. The stock traded as low as $2.0826 and last traded at $2.0826. 7,600 shares were traded during trading, an increase of 353% from the average daily volume of 1,677 shares. The stock had previously closed at $2.10.
Kinnevik Stock Down 0.8%
The company has a market capitalization of $572.96 million and a P/E ratio of 0.10. 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 50 day moving average price of $2.08 and a 200 day moving average price of $2.08.
About Kinnevik
Kinnevik AB is a Swedish investment company that invests in businesses with the potential to address major changes in society. Rather than operating a traditional portfolio of consumer or industrial products, Kinnevik provides capital and active ownership support to growth companies.
The company primarily focuses on technology-enabled businesses in areas such as healthcare, software, and climate transition. Its investments have included companies developing digital services, healthcare solutions, financial technology, and other products designed to serve changing consumer and business needs.
Founded in 1936, Kinnevik has evolved from a diversified Swedish industrial investment company into a growth-focused investor.
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