Kubient Inc. (NASDAQ:KBNT) currently has a daily average trading volume of 27.49K but it saw 795083 shares traded on Wednesday. With a market cap of 7.16M USD, stock’s current market price of $0.47 came falling about -9.62 while comparing to the previous closing price of $0.52. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.60 and as low as $0.33. In the recent trading on the day, stock has struck highest price mark of $0.545 while lowest mark touched by it was $0.46.
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Taking a look at 20-day trading activity of Kubient Inc. (KBNT) gives us an average price of $0.5889, while its current price level is -70.63% below from 52-week high level whereas it is 42.38% 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 $0.6410 while that of 200 days or SMA-200 reads an average of $0.8938. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.35% during that period while stretching the period over a month that increases to 12.97%. 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 31.21 which implies that the stock is in neutral territory.
Kubient Inc. (KBNT)’s stock is currently under the radar of 1 analysts who are in consensus at a 12-month price target range of between $1.50 and $1.50 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $1.50 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $1.50. Average price target assigned by them is $1.50 which highlights an upside potential of 68.67% for the stock over that period. And to attain the median price target of $1.50 assigned by those analysts, stock has to add about 68.67% of value to its current levels.
Data by FactSet Research shows that 1 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 1 analysts suggested the investors to Buy the stock while 0 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Buy for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, KBNT’s stock price is moving -9.48% down while it is -21.81% when we observe its performance for the past one month. Year-to-date it is -26.51% down and over the past year, the stock is showing a downside performance of -53.07%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of -$0.17 beat the consensus estimate of -$0.2 for the same. The company is expected to be releasing its next quarterly report in 08/14/2023, for which analysts forecasted an EPS of -$0.13 while estimate for next year EPS is -$0.54. Moreover, analysts are in estimates of $200k for current-quarter revenue.
Currently, Kubient Inc.’s total number of outstanding shares is 14.38M with 23.83% of that held by the insiders while 19.66% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -110.50% and return on equity (ROE) at -81.40%. Stock has a price to book (P/B) ratio of 0.53 while price to sale or P/S ratio amounts to 2.98. Its return on asset (ROA) is -69.80% on average.
