Peel Hunt Reaffirms “Buy” Rating for Kin and Carta (LON:KCT)

Peel Hunt reaffirmed their buy rating on shares of Kin and Carta (LON:KCT) in a research report released on Tuesday, ThisIsMoney.Co.Uk reports.

Kin and Carta stock opened at GBX 87 ($1.14) on Tuesday. The stock has a 50-day moving average of GBX 82.70 and a two-hundred day moving average of GBX 98.20. The company has a debt-to-equity ratio of 71.04, a quick ratio of 1.23 and a current ratio of 1.23. Kin and Carta has a one year low of GBX 75.06 ($0.98) and a one year high of GBX 114 ($1.49). The stock has a market cap of $133.40 million and a PE ratio of -87.00.

The firm also recently declared a dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Thursday, November 21st will be paid a GBX 1.30 ($0.02) dividend. The ex-dividend date is Thursday, November 21st. This is a boost from Kin and Carta’s previous dividend of $0.65. This represents a yield of 1.57%. Kin and Carta’s dividend payout ratio (DPR) is -2.00%.

About Kin and Carta

Kin and Carta plc provides digital transformation services in the United Kingdom, Ireland, rest of Europe, the United States, and internationally. The company helps its clients invent, operate, and market digital products and services. It offers strategy consultancy services that help organizations in understanding shifts in their market, and the potential that digital brings across product, marketing, and operational areas of the business.

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