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KNIT
Stock ticker: OTC
AS OF
Dec 3 closing price
Price
$7.14
Change
+$3.14 (+78.50%)
Capitalization
78.96M

KNIT stock forecast, quote, news & analysis

KNIT
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
A.I.Advisor
a Summary for KNIT with price predictions
Dec 17, 2024

KNIT's Stochastic Oscillator stays in overbought zone for 8 days

The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Bullish Trend Analysis

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. KNIT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: KNIT's P/B Ratio (163.934) is very high in comparison to the industry average of (4.726). P/E Ratio (357.143) is within average values for comparable stocks, (113.894). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (8.093). KNIT has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.059). KNIT's P/S Ratio (1666.667) is very high in comparison to the industry average of (13.458).

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Verizon Communications (NYSE:VZ), Comcast Corp (NASDAQ:CMCSA), AT&T (NYSE:T), Lumen Technologies (NYSE:LUMN).

Industry description

Wireless Telecom includes companies that sell wireless antenna or satellite-based communication services. This is the fastest-growing area in communications, as more and more communication and computing happen on mobile devices and cloud-based platforms. Wireless telecom is a key industry for global connectivity, and has even further room for growth in emerging markets and in rural parts of developed nations. People’s growing need for speed in data connectivity, higher resolution, and smoother video streaming and multimedia applications should drive growth and competition within this segment. T-Mobile US, Inc., Vodafone Group, and Sprint Corporation are some major providers of wireless telecom.

Market Cap

The average market capitalization across the Wireless Telecommunications Industry is 17.36B. The market cap for tickers in the group ranges from 9.67K to 12.88T. LNETF holds the highest valuation in this group at 12.88T. The lowest valued company is IGLDF at 9.67K.

High and low price notable news

The average weekly price growth across all stocks in the Wireless Telecommunications Industry was -1%. For the same Industry, the average monthly price growth was 2%, and the average quarterly price growth was 85%. TAPP experienced the highest price growth at 186%, while LILAB experienced the biggest fall at -32%.

Volume

The average weekly volume growth across all stocks in the Wireless Telecommunications Industry was -26%. For the same stocks of the Industry, the average monthly volume growth was 4% and the average quarterly volume growth was 27%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 50
P/E Growth Rating: 58
Price Growth Rating: 55
SMR Rating: 72
Profit Risk Rating: 80
Seasonality Score: 33 (-100 ... +100)
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KNIT
Daily Signalchanged days ago
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A.I. Advisor
published General Information

General Information

Industry WirelessTelecommunications

Profile
Fundamentals
Details
Industry
N/A
Address
2801 NW 7th Avenue
Phone
+1 786 712-6827
Employees
2
Web
http://www.groupkinetic.com