Kinaxis (OTCMKTS:KXSCF) Reaches New 1-Year High – Here’s What Happened

Kinaxis Inc. (OTCMKTS:KXSCF – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday. The company traded as high as $145.00 and last traded at $145.00, with a volume of 100 shares traded. The stock had previously closed at $137.70.

Wall Street Analysts Forecast Growth

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

View Our Latest Analysis on KXSCF

Kinaxis Price Performance

The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.10. The firm has a market cap of $3.86 billion and a PE ratio of 57.42. The stock has a 50 day moving average price of $129.17 and a two-hundred day moving average price of $112.26.

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.

Further Reading

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