Reflections On The Past For Investors Today: Klaviyo Inc (NYSE: KVYO)

Klaviyo Inc (NYSE:KVYO) does about 1.18M shares in volume on a normal day but saw 1206638 shares change hands in Friday’s trading. The company now has a market cap of 5.95B USD. Its current market price is $22.49, marking no change compared to the previous close of $22.49. The 52 week high reached by this stock is $39.47 whilst the lowest price level in 52 weeks is $21.51.

Klaviyo Inc (KVYO) has a 20-day trading average at $23.54 and the current price is -43.02% off the 52-week high compared with 4.56% distance from its 52-week low. The 50-day simple moving average of the closing price is $23.53. If we look at the stock’s price movements over the week, volatility stands at 3.63%, which increases to 4.34% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 42.64 to suggest the stock is neutral.

The consensus objective for the share price is $34.20, suggesting that the stock has a potential upside of 34.24% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 16, 2024 when Cantor Fitzgerald initiated the stock to “Overweight” and issued a price target of $31.

Klaviyo Inc (KVYO) stock is down -0.66% over the week and 4.46% over the past month. Its price is -19.04% year-to-date.

To reach the target analysts have set, the stock logically needs to grow 34.24 percent from here.

The company has a return on investment of -33.47% and return on equity of -43.71%. The forward price to earnings ratio is 39.40. Price to book ratio is 6.33 and price to sales ratio is 7.91.