Kinaxis Inc. (TSE:KXS - Get Free Report)'s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$160.94 and traded as high as C$171.55. Kinaxis shares last traded at C$171.22, with a volume of 142,812 shares changing hands.
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on KXS. CIBC dropped their price target on Kinaxis from C$175.00 to C$170.00 in a research report on Friday, February 28th. Royal Bank of Canada set a C$210.00 target price on shares of Kinaxis and gave the stock an "outperform" rating in a research report on Friday, March 21st. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, Kinaxis presently has an average rating of "Moderate Buy" and an average price target of C$195.00.
Read Our Latest Research Report on Kinaxis
Kinaxis Trading Up 2.6 %
The stock has a market cap of C$3.43 billion, a PE ratio of 169.26, a PEG ratio of 3.60 and a beta of 0.78. The company has a debt-to-equity ratio of 12.12, a quick ratio of 2.29 and a current ratio of 1.89. The business has a 50-day moving average of C$160.48 and a 200 day moving average of C$166.59.
Insider Activity at Kinaxis
In related news, Senior Officer Andrew William Robert Bell sold 683 shares of the company's stock in a transaction on Thursday, March 6th. The stock was sold at an average price of C$155.62, for a total value of C$106,289.69. Following the completion of the transaction, the insider now directly owns 831 shares in the company, valued at approximately C$129,321.72. This represents a 45.11 % decrease in their ownership of the stock. Also, Senior Officer Christopher John Blaine Fitzgerald sold 2,177 shares of the stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of C$156.26, for a total value of C$340,172.58. Over the last 90 days, insiders have sold 4,924 shares of company stock valued at $770,090. Company insiders own 1.20% of the company's stock.
Kinaxis Company Profile
(
Get Free Report)
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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