Kinaxis (OTCMKTS:KXSCF) Reaches New 52-Week High – What’s Next?

Kinaxis Inc. (OTCMKTS:KXSCF – Get Free Report)’s share price reached a new 52-week high on Tuesday. The company traded as high as $138.6120 and last traded at $138.6120, with a volume of 101 shares traded. The stock had previously closed at $130.45.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on KXSCF. BMO Capital Markets reiterated an “outperform” rating on shares of Kinaxis in a research note on Tuesday, August 4th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Kinaxis in a report on Monday, July 20th. Four research analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Check Out Our Latest Report on KXSCF

Kinaxis Trading Up 0.3%

The company has a debt-to-equity ratio of 0.10, a current ratio of 1.88 and a quick ratio of 1.88. The business’s 50 day moving average is $126.75 and its 200 day moving average is $115.49. The stock has a market cap of $3.77 billion and a price-to-earnings ratio of 56.08.

Kinaxis Company Profile

(Get Free Report)

Kinaxis Inc is a Canadian technology company that provides supply chain orchestration and planning software. Its solutions help organizations coordinate demand, supply, inventory, production, transportation and other supply chain activities across complex global operations.

The company’s primary platform, Kinaxis Maestro, is designed to support concurrent planning, supply and demand balancing, sales and operations planning, inventory management, control-tower visibility and scenario analysis.

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