Kyivstar Group (NASDAQ:KYIV) Hits New 1-Year Low – Should You Sell?

Kyivstar Group (NASDAQ:KYIVGet Free Report) shares reached a new 52-week low on Friday . The company traded as low as $10.15 and last traded at $10.20, with a volume of 3792780 shares changing hands. The stock had previously closed at $11.67.

Kyivstar Group News Roundup

Here are the key news stories impacting Kyivstar Group this week:

Analyst Upgrades and Downgrades

KYIV has been the subject of a number of research analyst reports. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $17.00 price objective on shares of Kyivstar Group in a research report on Wednesday, December 24th. Wall Street Zen raised shares of Kyivstar Group from a “hold” rating to a “buy” rating in a research report on Saturday, March 7th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $17.00.

View Our Latest Stock Report on KYIV

Kyivstar Group Stock Up 8.5%

The company has a fifty day moving average of $12.21. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.22. The stock has a market cap of $2.56 billion and a P/E ratio of 33.55.

Kyivstar Group (NASDAQ:KYIVGet Free Report) last announced its earnings results on Friday, March 13th. The company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.06. The firm had revenue of $321.00 million for the quarter, compared to the consensus estimate of $302.65 million.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Polar Asset Management Partners Inc. acquired a new stake in shares of Kyivstar Group during the third quarter worth $3,105,000. Cantor Fitzgerald L. P. bought a new stake in shares of Kyivstar Group in the third quarter valued at about $250,000. SG Americas Securities LLC acquired a new position in shares of Kyivstar Group in the fourth quarter valued at about $279,000. UBS Group AG increased its position in Kyivstar Group by 27.9% during the fourth quarter. UBS Group AG now owns 751,322 shares of the company’s stock worth $9,752,000 after acquiring an additional 164,113 shares during the period. Finally, Oppenheimer & Co. Inc. increased its position in Kyivstar Group by 55.2% during the fourth quarter. Oppenheimer & Co. Inc. now owns 43,832 shares of the company’s stock worth $569,000 after acquiring an additional 15,587 shares during the period.

Kyivstar Group Company Profile

(Get Free Report)

Kyivstar Group (NASDAQ:KYIV) is a leading Ukrainian telecommunications operator that provides a broad range of consumer and business communications services. The company operates one of Ukraine’s largest mobile networks and offers voice, messaging and mobile broadband services over 3G and 4G/LTE technologies. In addition to mobile services, Kyivstar supplies fixed-line broadband and home internet access, serving residential customers with connectivity and related value‑added services.

For enterprise and public sector customers, Kyivstar delivers a portfolio of business solutions that includes fixed and mobile data plans, machine‑to‑machine (M2M) and Internet of Things (IoT) connectivity, and ICT services intended to support digital transformation.

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