Kinaxis (OTCMKTS:KXSCF) Sets New 52-Week Low – Time to Sell?

Kinaxis Inc. (OTCMKTS:KXSCFGet Free Report) shares hit a new 52-week low during trading on Thursday . The stock traded as low as $103.75 and last traded at $104.0830, with a volume of 270 shares. The stock had previously closed at $106.8320.

Analysts Set New Price Targets

Separately, CIBC upgraded Kinaxis from a “neutral” rating to an “outperform” rating in a research note on Sunday, December 14th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy”.

Check Out Our Latest Stock Report on KXSCF

Kinaxis Price Performance

The business has a 50 day moving average price of $123.14 and a 200 day moving average price of $130.75.

About Kinaxis

(Get Free Report)

Kinaxis Inc provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. It offers RapidResponse, a cloud-based platform, which provides advanced planning, sales and operation planning, supply and demand planning, inventory management, and command and control center services. The company also provides strategic services, such as digital business transformation, advanced analytics, and digital innovation and acceleration services; implementation, including agile implementation methodology, RapidStart, sustainment, and rollout services; and continuous learning services consisting of Kinaxis learning center, custom learning programs, and certification, as well as support services.

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