Kindly MD Inc (NASDAQ: KDLY) Plunges -24.40% And Its 46.28% Stock Volatility Is Bewildering

Kindly MD Inc (NASDAQ:KDLY) does about 2.41M shares in volume on a normal day but saw 7024828 shares change hands in the recent trading day. The company now has a market cap of 62.31M USD. Its current market price is $10.35, marking a decrease of -24.40% compared to the previous close of $13.69. The 52 week high reached by this stock is $31.45 whilst the lowest price level in 52 weeks is $0.65.

Kindly MD Inc (KDLY) has a 20-day trading average at $3.18 and the current price is -67.09% off the 52-week high compared with 1492.31% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.26 and its 200-day simple moving average is $1.60. If we look at the stock’s price movements over the week, volatility stands at 46.28%, which decreases to 21.76% 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 74.92 to suggest the stock is overbought.

The current price level is 225.32%, 357.64%, and 545.69% away from its SMA20, SMA50, and SMA200 respectively, with the KDLY price moving below the 50-day SMA on current market day. Kindly MD Inc (KDLY) stock is up 238.24% over the week and 501.74% over the past month. Its price is 734.68% year-to-date.

Outstanding shares total 6.02M with insiders holding 62.36% of the shares and institutional holders owning 16.70% of the company’s common stock. The company has a return on investment of -218.54% and return on equity of -763.28%. The beta has a value of 20.39. Price to book ratio is 40.76 and price to sales ratio is 25.23.