Kellanova Co (NYSE:K) currently has a daily average trading volume of 3.78M but it saw 1221359 shares traded in last market. With a market cap of 27.87B USD, the company’s current market price of $80.85 came rising about 0.35 while comparing to the previous closing price of $80.57. In past 52 weeks, the stock remained buoying in the range of price level as high as $81.26 and as low as $49.79. In the recent trading on the day, stock has struck highest price mark of $80.52 while lowest mark touched by it was $80.9.
Taking a look at 20-day trading activity of Kellanova Co (K) gives us an average price of $80.79, while its current price level is -0.50% below from 52-week high level whereas it is 62.38% 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 $80.62 while that of 200 days or SMA-200 reads an average of $64.23. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.34% during that period while stretching the period over a month that decreases to 0.29%. 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 59.95 which implies that the stock is in neutral 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.
Over the week, K’s stock price is moving -0.14% down while it is 0.25% when we observe its performance for the past one month. Year-to-date it is 44.61% up and over the past year, the stock is showing an upside performance of 61.06%.
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 30.72 while having a 20.73 of forward P/E ratio. Stock’s beta reads 0.38. Stock has a price to book (P/B) ratio of 8.36 while price to sale or P/S ratio amounts to 2.06. Its return on asset (ROA) is 5.60% on average.
