Shares of Kinaxis Inc. (TSE:KXS - Get Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$172.15 and traded as high as C$173.76. Kinaxis shares last traded at C$173.14, with a volume of 15,625 shares traded.
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on KXS shares. TD Securities reduced their target price on shares of Kinaxis from C$195.00 to C$190.00 and set a "buy" rating for the company in a research report on Friday, November 1st. ATB Capital raised their target price on Kinaxis from C$205.00 to C$215.00 and gave the stock an "outperform" rating in a research report on Friday, November 1st. One analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, Kinaxis has an average rating of "Moderate Buy" and a consensus price target of C$192.67.
Check Out Our Latest Stock Report on KXS
Kinaxis Stock Down 0.3 %
The stock's fifty day moving average price is C$172.51 and its 200 day moving average price is C$161.68. The company has a current ratio of 1.90, a quick ratio of 2.29 and a debt-to-equity ratio of 12.40. The stock has a market cap of C$4.89 billion, a P/E ratio of 173.14, a price-to-earnings-growth ratio of 3.60 and a beta of 0.78.
Kinaxis (TSE:KXS - Get Free Report) last released its earnings results on Wednesday, October 30th. The company reported C$0.47 EPS for the quarter, beating analysts' consensus estimates of C$0.43 by C$0.04. Kinaxis had a return on equity of 4.87% and a net margin of 4.59%. The business had revenue of C$165.79 million for the quarter, compared to analysts' expectations of C$170.56 million. As a group, research analysts forecast that Kinaxis Inc. will post 4.2526231 earnings per share for the current fiscal year.
Insider Buying and Selling
In other Kinaxis news, Senior Officer Andrew William Robert Bell sold 600 shares of the company's stock in a transaction dated 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 completion of the sale, the insider now directly owns 831 shares in the company, valued at C$147,199.19. This represents a 41.93 % decrease in their ownership of the stock. Also, Senior Officer David Peter Kelly sold 1,500 shares of the firm's stock in a transaction dated Monday, November 4th. The shares were sold at an average price of C$162.21, for a total value of C$243,319.95. Insiders sold 55,200 shares of company stock worth $9,478,652 in the last quarter. 1.20% of the stock is owned by insiders.
Kinaxis Company Profile
(
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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.
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