Kinaxis Inc. (TSE:KXS - Get Free Report)'s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$162.62 and traded as high as C$183.04. Kinaxis shares last traded at C$182.50, with a volume of 43,100 shares changing hands.
Wall Street Analyst Weigh In
KXS has been the subject of several recent research reports. CIBC lowered their price objective on Kinaxis from C$175.00 to C$170.00 in a research note on Friday, February 28th. Royal Bank of Canada set a C$210.00 price target on Kinaxis and gave the stock an "outperform" rating in a report on Friday, March 21st. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of C$195.00.
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Kinaxis Stock Performance
The company's fifty day moving average is C$162.62 and its 200 day moving average is C$167.74. The company has a market capitalization of C$3.67 billion, a P/E ratio of 181.13, a P/E/G ratio of 3.60 and a beta of 0.78. The company has a current ratio of 1.89, a quick ratio of 2.29 and a debt-to-equity ratio of 12.12.
Insider Buying and Selling
In other Kinaxis news, Senior Officer Andrew William Robert Bell sold 683 shares of the stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of C$155.62, for a total value of C$106,289.69. Following the sale, the insider now directly owns 831 shares in the company, valued at C$129,321.72. This represents a 45.11 % decrease in their position. Also, Senior Officer Christopher John Blaine Fitzgerald sold 2,177 shares of the firm's stock in a transaction on Thursday, March 13th. The shares were sold at an average price of C$156.26, for a total transaction of C$340,172.58. In the last ninety days, insiders sold 4,924 shares of company stock valued at $770,090. Company insiders own 1.20% of the company's stock.
About Kinaxis
(
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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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