kneat.com (TSE:KSI) Rating Lowered to “Hold” at Stifel Nicolaus

kneat.com (TSE:KSI – Get Free Report) was downgraded by equities research analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday,BayStreet.CA reports. They presently have a C$6.50 target price on the stock, up from their previous target price of C$5.75. Stifel Nicolaus’ target price would indicate a potential upside of 1.09% from the stock’s previous close.

KSI has been the topic of several other reports. ATB Cormark Capital Markets upped their price objective on kneat.com from C$6.00 to C$7.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. TD Securities downgraded kneat.com from a “strong-buy” rating to a “strong sell” rating in a research report on Tuesday. Raymond James Financial reduced their price objective on kneat.com from C$7.00 to C$5.50 and set an “outperform” rating on the stock in a research report on Thursday, February 26th. Finally, TD downgraded kneat.com from a “buy” rating to a “sell” rating and upped their price objective for the company from C$6.00 to C$6.50 in a research report on Tuesday. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of C$6.30.

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kneat.com Price Performance

KSI remained flat at C$6.43 during trading on Wednesday. The company’s stock had a trading volume of 1,051,600 shares, compared to its average volume of 219,069. The stock’s 50-day moving average price is C$4.64 and its 200 day moving average price is C$4.45. The company has a debt-to-equity ratio of 42.42, a current ratio of 1.41 and a quick ratio of 1.50. The firm has a market capitalization of C$618.13 million, a P/E ratio of -80.38, a price-to-earnings-growth ratio of 597.67 and a beta of 1.18. kneat.com has a one year low of C$3.23 and a one year high of C$6.73.

kneat.com (TSE:KSI – Get Free Report) last issued its quarterly earnings data on Wednesday, May 13th. The company reported C($0.04) earnings per share (EPS) for the quarter. kneat.com had a negative net margin of 12.69% and a negative return on equity of 12.95%. The company had revenue of C$18.00 million during the quarter. On average, analysts anticipate that kneat.com will post -0.12 EPS for the current year.

kneat.com Company Profile

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Kneat Solutions provides leading companies in highly regulated industries with unparalleled efficiency in validation and compliance through its digital validation platform Kneat Gx. As an industry leader in customer satisfaction, Kneat boasts an excellent record for implementation, powered by our user-friendly design, expert support, and on-demand training academy. Kneat Gx is an industry-leading digital validation platform that enables highly regulated companies to manage any validation discipline from end-to-end.

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