Kellanova Co (NYSE:K) currently has a daily average trading volume of 3.83M but it saw 1995948 shares traded in last market. With a market cap of 27.78B USD, the company’s current market price of $80.59 came falling about -0.07 while comparing to the previous closing price of $80.65. In past 52 weeks, the stock remained buoying in the range of price level as high as $81.00 and as low as $47.62. In the recent trading on the day, stock has struck highest price mark of $80.5445 while lowest mark touched by it was $80.69.
Taking a look at 20-day trading activity of Kellanova Co (K) gives us an average price of $80.50, while its current price level is -0.51% below from 52-week high level whereas it is 69.22% 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 $76.08 while that of 200 days or SMA-200 reads an average of $61.69. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.29% during that period while stretching the period over a month that increases to 0.34%. 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 72.39 which implies that the stock is in overbought territory.
DA Davidson downgraded its recommendation for the stock as a “Neutral” from “Buy” on August 26, 2024 while assigning a price target range of $80-$83.50.
Year-to-date it is 44.14% up and over the past year, the stock is showing an upside performance of 53.50%.
Currently, Kellanova Co’s total number of outstanding shares is 340.59M. Company’s return on investment (ROI) stands at 10.28% and return on equity (ROE) at 25.72%. It has a price to earnings ratio (P/E ratio) of 30.63 while having a 20.67 of forward P/E ratio. Stock’s beta reads 0.38. Stock has a price to book (P/B) ratio of 8.33 while price to sale or P/S ratio amounts to 2.06. Its return on asset (ROA) is 5.60% on average.
