The price of KKR & Co shares has climbed to $17.24 (a 2.1% change) on heavy trading volume. Approximately 3.1 million shares have changed hands today vs. average 30-day volume of 2.4 million shares. Unusually high volume can signify a potential turning point or validate a breakout.
There is potential upside of 6.8% for shares of KKR & Co based on a current price of $17.24 and an average consensus analyst price target of $18.41. KKR & Co shares have support at the 50-day moving average (MA) of $15.10 and additional support at the 200-day MA of $14.10.
Over the past year, KKR & Co has traded in a range of $11.03 to $17.49 and is now at $17.24, 56% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.5% while the 200-day MA has risen 0.4%.
KKR & Co. L.P. is a global alternative asset manager. The Company operates private equity funds that take either controlling or strategic minority ownership positions for long-term appreciation, invests in leveraged loans, high-yield bonds and less liquid credit products, and, on behalf of portfolio companies, arranges equity and debt financing and offers capital market advice.