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

Kinnevik AB (OTCMKTS:KNVKFGet Free Report) was down 0.8% on Wednesday . The stock traded as low as $2.08 and last traded at $2.08. Approximately 7,600 shares changed hands 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 Stock Down 0.8 %

The firm has a 50 day moving average of $2.08 and a two-hundred day moving average of $8.49. The company has a current ratio of 6.33, a quick ratio of 6.33 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $572.96 million and a PE ratio of 0.10.

About Kinnevik

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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.

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