kneat.com (TSE:KSI) Reaches New 12-Month High – Should You Buy?

kneat.com, inc. (TSE:KSIGet Free Report)’s share price hit a new 52-week high on Wednesday . The company traded as high as C$6.44 and last traded at C$6.44, with a volume of 22521 shares. The stock had previously closed at C$6.43.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on KSI. ATB Cormark Capital Markets lifted their price target 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. Raymond James Financial reduced their price objective on kneat.com from C$7.00 to C$5.50 and set an “outperform” rating for the company in a research note on Thursday, February 26th. TD lowered kneat.com from a “buy” rating to a “sell” rating and raised their price objective for the stock from C$6.00 to C$6.50 in a research note on Tuesday, June 9th. TD Securities lowered kneat.com from a “strong-buy” rating to a “strong sell” rating in a research note on Tuesday, June 9th. Finally, Stifel Nicolaus lowered kneat.com from a “buy” rating to a “hold” rating and raised their price objective for the stock from C$5.75 to C$6.50 in a research note on Wednesday, June 10th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of C$6.30.

Get Our Latest Report on KSI

kneat.com Price Performance

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 cap of C$618.13 million, a PE ratio of -80.38, a P/E/G ratio of 597.67 and a beta of 1.18. The business has a fifty day moving average price of C$4.93 and a two-hundred day moving average price of C$4.53.

kneat.com (TSE:KSIGet Free Report) last released 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 firm had revenue of C$18.00 million for the quarter. On average, analysts anticipate that kneat.com, inc. will post -0.12 EPS for the current fiscal year.

kneat.com Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for kneat.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for kneat.com and related companies with MarketBeat.com's FREE daily email newsletter.