Kornit Digital Ltd Shares Close the Week 31.6% Lower - Weekly Wrap
The company saw its shares close the week 31.6% lower than last week, with trading volume higher than its 30 day average.
May 13, 2022 by Kwhen Finance Editors
Kornit Digital Ltd (KRNT) shares closed this week 31.6% lower than it did at the end of last week. The stock is currently down 71.2% year-to-date, down 48.8% over the past 12 months, and up 99.5% over the past five years. This week, the Dow Jones Industrial Average fell 3.8%, and the S&P 500 fell 5.2%.
Trading Activity
- Shares traded as high as $63.44 and as low as $31.01 this week.
- Shares closed 75.8% below its 52-week high and 41.5% above its 52-week low.
- Trading volume this week was 61.1% higher than the 10-day average and 228.4% higher than the 30-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 2.1.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
- MACD, a trend-following momentum indicator, indicates a downward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
- The stock closed at 6.3% lower than its 5-day moving average, 30.8% lower than its 20-day moving average, and 49.0% lower than its 90-day moving average.
Market Comparative Performance
- The company's share price lags the S&P 500 Index this week, lags it on a 1-year basis, and beats it on a 5-year basis
- The company's share price lags the Dow Jones Industrial Average this week, lags it on a 1-year basis, and beats it on a 5-year basis
- The company share price lags the performance of its peers in the Industrials industry sector this week, lags it on a 1-year basis, and beats it on a 5 year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Kornit Digital Ltd | 11.1 | -71.2 | -48.8 | -77.2 | 33.6 |
| Dow Jones Industrial Average | 1.4 | -12.1 | -3.8 | -12.9 | 2.5 |
| S&P 500 Index | 2.4 | -17.1 | -2.0 | -17.1 | 3.0 |
| Industrials | 1.9 | -18.0 | -14.1 | -18.6 | 3.1 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date lags the peer average by 1144.9%
- The company's stock price performance over the past 12 months lags the peer average by -321.5%
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| Kornit Digital Ltd | KRNT | 0 | -71.2 | -48.8 | -77.2 | 33.6 |
| Peer Avg | N/A | 7.3 | -5.7 | 22.0 | -30.7 | 27.4 |
| Ennis Inc. | EBF | 15.7 | -7.9 | -14.8 | -15.1 | 5.4 |
| Quad/Graphics Inc - Class A | QUAD | 0 | 13.3 | 39.0 | -42.3 | 35.8 |
| ARC Document Solutions Inc | ARC | 13.5 | -5.6 | 65.6 | -26.0 | 63.1 |
| Advanced Emissions Solutions Inc | ADES | 0 | -22.7 | -1.5 | -39.4 | 5.2 |
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