Kinaxis Inc. (TSE:KXS) Given Consensus Rating of "Moderate Buy" by Analysts

Shares of Kinaxis Inc. (TSE:KXS - Get Free Report) have earned a consensus rating of "Moderate Buy" from the five analysts that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is C$192.00.

Separately, CIBC lowered their price objective on shares of Kinaxis from C$175.00 to C$170.00 in a research note on Friday.

Kinaxis Price Performance

Shares of Kinaxis stock traded down C$4.97 during trading on Friday, hitting C$156.10. The stock had a trading volume of 187,490 shares, compared to its average volume of 84,078. The company has a debt-to-equity ratio of 12.12, a current ratio of 1.89 and a quick ratio of 2.29. The firm has a market cap of C$3.14 billion, a P/E ratio of 154.93, a PEG ratio of 3.60 and a beta of 0.78. The business has a fifty day moving average of C$169.07 and a two-hundred day moving average of C$164.85. Kinaxis has a fifty-two week low of C$132.93 and a fifty-two week high of C$190.17.

Insider Activity

In other Kinaxis news, Senior Officer Andrew William Robert Bell sold 600 shares of the business's stock in a transaction on Monday, December 23rd. The shares were sold at an average price of C$177.14, for a total transaction of C$106,281.00. Following the sale, the insider now directly owns 831 shares of the company's stock, valued at C$147,199.19. The trade was a 41.93 % decrease in their position. Also, Senior Officer Conrad John Mandala sold 1,500 shares of the stock in a transaction on Friday, December 20th. The shares were sold at an average price of C$178.02, for a total value of C$267,031.95. Following the completion of the sale, the insider now owns 495 shares of the company's stock, valued at C$88,120.54. The trade was a 75.19 % decrease in their position. In the last 90 days, insiders sold 11,526 shares of company stock worth $2,117,570. Insiders own 1.20% of the company's stock.

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Kinaxis Company Profile

Kinaxis Inc provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. It offers RapidResponse, a cloud-based platform, which provides advanced planning, sales and operation planning, supply and demand planning, inventory management, and command and control center services.