Klaviyo Inc (KVYO) Down -37.17% From Its 52-Week High, But Growth Potential Is Changing Over Time

Klaviyo Inc (NYSE:KVYO) currently has a daily average trading volume of 1.32M but it saw 1193484 shares traded in last market. With a market cap of 6.56B USD, the company’s current market price of $24.80 came rising about 5.80 while comparing to the previous closing price of $23.44. In past 52 weeks, the stock remained buoying in the range of price level as high as $39.47 and as low as $21.51.

Taking a look at 20-day trading activity of Klaviyo Inc (KVYO) gives us an average price of $23.11, while its current price level is -37.17% below from 52-week high level whereas it is 15.30% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $24.17. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.09% during that period while stretching the period over a month that decreases to 4.54%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 56.86 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Cantor Fitzgerald which initiated the stock as “Overweight” in its note to investors issued on April 16, 2024, recommending a price target of $31 for it.

Over the week, KVYO’s stock price is moving 15.19% up while it is 4.07% when we observe its performance for the past one month. Year-to-date it is -10.73% down and over the past year.

Currently, Klaviyo Inc’s total number of outstanding shares is 264.56M. It has a 43.47 of forward P/E ratio. Stock has a price to book (P/B) ratio of 6.98.