Shares of Kainos Group plc (LON:KNOS - Get Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 800.53 ($9.79) and traded as low as GBX 746 ($9.13). Kainos Group shares last traded at GBX 772 ($9.45), with a volume of 137,525 shares changing hands.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on KNOS shares. Berenberg Bank reiterated a "buy" rating and set a GBX 1,415 ($17.31) price target on shares of Kainos Group in a research note on Friday, October 4th. Shore Capital reiterated a "buy" rating on shares of Kainos Group in a research report on Tuesday, January 7th.
View Our Latest Analysis on Kainos Group
Kainos Group Stock Up 0.8 %
The company has a quick ratio of 1.59, a current ratio of 1.81 and a debt-to-equity ratio of 3.76. The company has a 50 day simple moving average of GBX 800.71 and a two-hundred day simple moving average of GBX 903.97. The company has a market capitalization of £979.04 million, a P/E ratio of 1,994.87, a PEG ratio of 2.15 and a beta of 0.79.
Kainos Group Cuts Dividend
The business also recently announced a dividend, which was paid on Friday, December 13th. Stockholders of record on Thursday, November 21st were given a dividend of GBX 9.30 ($0.11) per share. This represents a dividend yield of 1.17%. The ex-dividend date of this dividend was Thursday, November 21st. Kainos Group's dividend payout ratio is currently 6,923.08%.
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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