In last trading session, Kore Group Holdings Inc (NYSE:KORE) saw 0.1 million shares changing hands with its beta currently measuring 1.96. Company’s recent per share price level of $2.03 trading at -$0.2 or -8.97% at ring of the bell on the day assigns it a market valuation of $34.53M. That closing price of KORE’s stock is at a discount of -173.4% from its 52-week high price of $5.55 and is indicating a premium of 45.81% from its 52-week low price of $1.10. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.08 million shares which gives us an average trading volume of 199.41K if we extend that period to 3-months.
For Kore Group Holdings Inc (KORE), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Kore Group Holdings Inc (NYSE:KORE) trade information
Upright in the red during last session for losing -8.97%, in the last five days KORE remained trading in the red while hitting it’s week-highest on Thursday, 01/02/25 when the stock touched $2.03 price level, adding 41.16% to its value on the day. Kore Group Holdings Inc’s shares saw a change of -36.96% in year-to-date performance and have moved -36.96% in past 5-day. Kore Group Holdings Inc (NYSE:KORE) showed a performance of 40.00% in past 30-days. Number of shares sold short was 37946.0 shares which calculate 7.91 days to cover the short interests.
Kore Group Holdings Inc (KORE) estimates and forecasts
Statistics highlight that Kore Group Holdings Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 42.96% of value to its shares in past 6 months, showing an annual growth rate of -15.16% while that of industry is 25.50. Apart from that, the company came lowering its revenue forecast for fiscal year 2025.
Kore Group Holdings Inc (NYSE:KORE)’s Major holders
Insiders are in possession of 28.73% of company’s total shares while institution are holding 67.16 percent of that, with stock having share float percentage of 94.23%. Investors also watch the number of corporate investors in a company very closely, which is 67.16% institutions for Kore Group Holdings Inc that are currently holding shares of the company. KIM, LLC is the top institutional holder at KORE for having 10.0 million shares of worth $21.2 million. And as of 2024-06-30, it was holding 10.5307 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 1.51 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.5929 of outstanding shares, having a total worth of $0.64 million.
