Kinnevik (OTCMKTS:KNKBF – Get Rating) was downgraded by equities research analysts at Nordea Equity Research from a “hold” rating to a “sell” rating in a report issued on Friday, The Fly reports.
Separately, DNB Markets lowered shares of Kinnevik from a “hold” rating to a “sell” rating in a report on Friday, December 2nd.
Kinnevik Trading Up 35.6 %
Shares of KNKBF opened at C$18.30 on Friday. The company’s fifty day moving average is C$14.22 and its two-hundred day moving average is C$13.76. Kinnevik has a fifty-two week low of C$11.55 and a fifty-two week high of C$25.50.
About Kinnevik
Kinnevik AB is a venture capital firm specializing in investments in growth capital. It prefers to invest in digital consumer business, education, communication, e-commerce and marketplaces, entertainment, healthcare, and financial services but may also invest in other areas. The firm invests worldwide, especially in Europe with a focus on the Nordics, Latin America, Asia, Australia, Africa, and North America.
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