kneat.com (TSE:KSI) Announces Quarterly Earnings Results

kneat.com (TSE:KSI) posted its quarterly earnings data on Wednesday. The company reported C($0.01) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of C$16.11 million during the quarter. kneat.com had a negative net margin of 17.59% and a negative return on equity of 29.61%.

kneat.com Stock Performance

TSE:KSI opened at C$4.30 on Friday. The company has a market capitalization of C$408.58 million, a PE ratio of 430.00, a P/E/G ratio of 597.67 and a beta of 1.17. kneat.com has a fifty-two week low of C$4.16 and a fifty-two week high of C$7.25. The company has a debt-to-equity ratio of 85.50, a quick ratio of 1.50 and a current ratio of 1.43. The company has a 50 day simple moving average of C$5.51 and a two-hundred day simple moving average of C$5.86.

Analyst Ratings Changes

Separately, Raymond James Financial decreased their target price on shares of kneat.com from C$7.50 to C$7.00 and set an “outperform” rating on the stock in a report on Wednesday, August 6th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of C$7.00.

kneat.com Company Profile

kneat.com Inc is in the business of developing and marketing a software application for modelling regulated data-intensive processes for regulated industries, focusing on the life sciences industry. The company has developed Kneat Gx solution which provides management real-time visibility and control and increases product, quality, and compliance.