Kainos Group plc (LON:KNOS - Get Free Report)'s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 709.32 ($9.43) and traded as low as GBX 654.50 ($8.71). Kainos Group shares last traded at GBX 676.50 ($9.00), with a volume of 840,971 shares changing hands.
Wall Street Analyst Weigh In
KNOS has been the subject of several recent analyst reports. Canaccord Genuity Group restated a "speculative buy" rating and issued a GBX 1,000 ($13.30) target price on shares of Kainos Group in a research report on Friday, March 14th. Berenberg Bank reissued a "buy" rating and issued a GBX 1,025 ($13.63) price objective on shares of Kainos Group in a report on Monday, April 14th. Finally, Shore Capital restated a "buy" rating on shares of Kainos Group in a research report on Friday, February 7th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of GBX 1,052.50 ($14.00).
Read Our Latest Stock Report on KNOS
Kainos Group Stock Performance
The company has a fifty day moving average price of GBX 702.09 and a two-hundred day moving average price of GBX 769.56. The firm has a market cap of £887.33 million, a price-to-earnings ratio of 18.41, a price-to-earnings-growth ratio of 2.15 and a beta of 0.79. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.59.
Kainos Group Company Profile
(
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Kainos Group plc engages in the provision of digital technology services in the United Kingdom, Ireland, North America, Central Europe, and internationally. It operates through three segments: Digital Services, Workday Services, and Workday Products. The Digital Services segment develops and supports custom digital service platforms for transforming service delivery in public, commercial, and healthcare sectors.
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