Maxim Group Initiates Coverage on KindlyMD (NASDAQ:NAKA)

Maxim Group initiated coverage on shares of KindlyMD (NASDAQ:NAKAFree Report) in a research report report published on Wednesday, Marketbeat Ratings reports. The brokerage issued a buy rating and a $8.00 target price on the stock.

KindlyMD Trading Up 24.4%

Shares of NASDAQ:NAKA opened at $4.08 on Wednesday. The company has a 50 day moving average price of $9.99. The firm has a market capitalization of $1.53 billion, a PE ratio of -4.74 and a beta of 33.96. KindlyMD has a fifty-two week low of $0.65 and a fifty-two week high of $34.77.

KindlyMD (NASDAQ:NAKAGet Free Report) last issued its 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%.

About KindlyMD

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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.

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