Kyivstar Group (NASDAQ:KYIV) Shares Gap Down - Time to Sell?

Kyivstar Group (NASDAQ:KYIV - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $12.59, but opened at $11.95. Kyivstar Group shares last traded at $12.31, with a volume of 869,138 shares.Get Kyivstar Group alerts:Wall Street Analysts Forecast GrowthA number of equities analysts recently issued reports on KYIV shares. Wall Street Zen upgraded Kyivstar Group from a "hold" rating to a "buy" rating in a report on Thursday, January 1st. Cantor Fitzgerald reissued an "overweight" rating and set a $17.00 target price on shares of Kyivstar Group in a research note on Wednesday, December 24th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $17.00.View Our Latest Research Report on Kyivstar GroupKyivstar Group Stock PerformanceThe stock has a market cap of $2.76 billion and a P/E ratio of 36.24. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.40 and a current ratio of 1.40. Institutional Investors Weigh In On Kyivstar GroupA number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC acquired a new stake in Kyivstar Group in the fourth quarter worth about $279,000. Cantor Fitzgerald L. P. purchased a new position in shares of Kyivstar Group in the 3rd quarter valued at approximately $250,000. Finally, Polar Asset Management Partners Inc. acquired a new stake in Kyivstar Group in the 3rd quarter worth approximately $3,105,000. About Kyivstar Group (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.See AlsoFive stocks we like better than Kyivstar GroupYour Signature Is Missing – Act Before It’s Too LateThis coin has everything going for itWhat Expenses Can Be Deducted From Capital Gains Tax?Do not delete, read immediatelyRefund From 1933: Trump’s Reset May Create Instant WealthThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Kyivstar Group Right Now?Before you consider Kyivstar Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kyivstar Group wasn't on the list.While Kyivstar Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here