InvestorsObserver is giving Kaleyra Inc (KLR) an Analyst Rating Rank of 81, meaning KLR is ranked higher by analysts than 81% of stocks. The average projection by analysts for KLR is $12.625 over the next 12 months and analyst’s classify the stock as a Strong Buy
Why are Analyst Ratings Important?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
Investors Observer averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With Kaleyra Inc Stock Today?
Kaleyra Inc (KLR) stock is trading at $4.20 as of 10:05 AM on Thursday, Jul 2, an increase of $0.29, or 7.29% from the previous closing price of $3.91. The stock has traded between $4.13 and $4.35 so far today. Volume today is above average. So far 519,706 shares have traded compared to average volume of 235,113 shares.