Kainos Group plc (LON:KNOS - Get Free Report)'s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 698.86 ($9.26) and traded as low as GBX 685 ($9.08). Kainos Group shares last traded at GBX 702 ($9.30), with a volume of 478,839 shares changing hands.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently weighed in on KNOS shares. Shore Capital reaffirmed a "buy" rating on shares of Kainos Group in a report on Friday, February 7th. Berenberg Bank restated a "buy" rating and set a GBX 1,025 ($13.58) price objective on shares of Kainos Group in a research note on Monday, April 14th. Finally, Canaccord Genuity Group reiterated a "speculative buy" rating and issued a GBX 1,000 ($13.25) price objective on shares of Kainos Group in a report on Friday, March 14th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of GBX 1,052.50 ($13.95).
Get Our Latest Stock Analysis on Kainos Group
Kainos Group Price Performance
The stock has a market cap of £910.07 million, a price-to-earnings ratio of 18.88, a price-to-earnings-growth ratio of 2.15 and a beta of 0.79. The company's 50-day moving average is GBX 698.86 and its 200-day moving average is GBX 767.28. The company has a quick ratio of 1.59, a current ratio of 1.81 and a debt-to-equity ratio of 3.76.
About Kainos Group
(
Get Free Report)
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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