In last trading session, Kaleyra Inc. (NYSE:KLR) saw 0.17 million shares changing hands with its beta currently measuring 1.08. Company’s recent per share price level of $1.39 trading at $0.03 or 2.21% at ring of the bell on the day assigns it a market valuation of $59.12M. That closing price of KLR’s stock is at a discount of -749.64% from its 52-week high price of $11.81 and is indicating a premium of 63.31% from its 52-week low price of $0.51. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.79 million shares which gives us an average trading volume of 480.58K if we extend that period to 3-months.
Kaleyra Inc. (NYSE:KLR) trade information
Upright in the green during last session for gaining 2.21%, in the last five days KLR remained trading in the green while hitting it’s week-highest on Monday, 11/21/22 when the stock touched $1.39 price level, adding 10.32% to its value on the day. Kaleyra Inc.’s shares saw a change of -86.16% in year-to-date performance and have moved 25.23% in past 5-day. Kaleyra Inc. (NYSE:KLR) showed a performance of 58.19% in past 30-days. Number of shares sold short was 1.38 million shares which calculate 3.35 days to cover the short interests.
Kaleyra Inc. (KLR) estimates and forecasts
Statistics highlight that Kaleyra Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -52.72% of value to its shares in past 6 months, showing an annual growth rate of -11.96% while that of industry is -10.00. Apart from that, the company came lowering its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to increase by 17.20% in the current quarter and calculating -29.40% decrease in the next quarter. This year revenue growth is estimated to rise 29.60% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $84.83 million for the same. And 3 analysts are in estimates of company making revenue of $100.62 million in the next quarter that will end on Dec 2022. Company posted $80.89 million and $90.01 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 4.90% while estimating it to be 11.80% for the next quarter.
Kaleyra Inc. is more likely to be releasing its next quarterly report between February 14 and February 20 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Kaleyra Inc. (NYSE:KLR)’s Major holders
Insiders are in possession of 30.11% of company’s total shares while institution are holding 40.99 percent of that, with stock having share float percentage of 58.65%. Investors also watch the number of corporate investors in a company very closely, which is 40.99% institutions for Kaleyra Inc. that are currently holding shares of the company. Must Asset Management Inc. is the top institutional holder at KLR for having 3.47 million shares of worth $7.08 million. And as of Jun 29, 2022, it was holding 7.71% of the company’s outstanding shares.
The second largest institutional holder is Philosophy Capital Management LLC, which was holding about 3.08 million shares on Jun 29, 2022. The number of shares represents firm’s hold over 6.83% of outstanding shares, having a total worth of $6.27 million.
On the other hand, Wasatch Micro-Cap Value Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Jun 29, 2022, the former fund manager was holding 0.76 million shares of worth $1.56 million or 1.69% of the total outstanding shares. The later fund manager was in possession of 0.55 million shares on Sep 29, 2022, making its stake of worth around $0.54 million in the company or a holder of 1.23% of company’s stock.