Investors Purchase High Volume of Call Options on KindlyMD (NASDAQ:NAKA)

KindlyMD, Inc. (NASDAQ:NAKA) saw some unusual options trading activity on Friday. Traders purchased 33,499 call options on the company. This represents an increase of 18% compared to the typical volume of 28,364 call options.

KindlyMD Stock Performance

NASDAQ NAKA opened at $2.78 on Friday. KindlyMD has a 52 week low of $0.65 and a 52 week high of $34.77. The business’s fifty day moving average is $9.16. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of -3.23 and a beta of 33.96.

KindlyMD (NASDAQ:NAKA) last posted its quarterly earnings results on Tuesday, August 5th. The company reported ($0.34) earnings per share for the quarter. The firm had revenue of $0.41 million during the quarter. KindlyMD had a negative net margin of 244.00% and a negative return on equity of 131.09%.

Analysts Set New Price Targets

Separately, Maxim Group assumed coverage on shares of KindlyMD in a research report on Wednesday, September 3rd. They set a “buy” rating and a $8.00 price target on the stock. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $8.00.

About KindlyMD

Kindly MD, Inc (“KindlyMD” or “Kindly”) is a Utah company formed in 2019. KindlyMD is a healthcare data company, focused on holistic pain management and reducing the impact of the opioid epidemic. KindlyMD offers direct health care to patients integrating prescription medicine and behavioral health services to reduce opioid use in the chronic pain patient population.