Kainos Group plc (LON:KNOS - Get Free Report)'s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 838.51 ($10.64) and traded as high as GBX 841.75 ($10.68). Kainos Group shares last traded at GBX 832 ($10.56), with a volume of 328,487 shares.
Analysts Set New Price Targets
A number of equities research analysts have commented on KNOS shares. Shore Capital restated a "buy" rating on shares of Kainos Group in a report on Friday, November 8th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Kainos Group from GBX 1,235 ($15.67) to GBX 1,185 ($15.04) and set a "buy" rating for the company in a research report on Tuesday, September 17th. Finally, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 1,415 ($17.96) price target on shares of Kainos Group in a research note on Friday, October 4th.
View Our Latest Analysis on KNOS
Kainos Group Price Performance
The company's 50-day moving average price is GBX 838.51 and its 200-day moving average price is GBX 995.53. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.59. The company has a market cap of £1.02 billion, a P/E ratio of 2,130.77, a P/E/G ratio of 2.15 and a beta of 0.79.
Kainos Group Cuts Dividend
The firm also recently announced a dividend, which will be paid on Friday, December 13th. Investors of record on Thursday, November 21st will be paid a dividend of GBX 9.30 ($0.12) per share. This represents a yield of 1.17%. The ex-dividend date is Thursday, November 21st. Kainos Group's dividend payout ratio (DPR) is presently 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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