Kinaxis Inc. (TSE:KXS - Get Free Report)'s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$166.15 and traded as low as C$154.60. Kinaxis shares last traded at C$156.55, with a volume of 69,845 shares changing hands.
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on KXS. Royal Bank of Canada set a C$210.00 target price on shares of Kinaxis and gave the company an "outperform" rating in a report on Friday, March 21st. CIBC lowered their target price on Kinaxis from C$175.00 to C$170.00 in a report on Friday, February 28th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of C$195.00.
Check Out Our Latest Analysis on Kinaxis
Kinaxis Stock Down 3.0 %
The company has a market cap of C$3.18 billion, a P/E ratio of 157.07, a P/E/G ratio of 3.60 and a beta of 0.78. The company has a quick ratio of 2.29, a current ratio of 1.89 and a debt-to-equity ratio of 12.12. The business's 50 day moving average is C$161.75 and its 200 day moving average is C$166.31.
Insider Activity at Kinaxis
In related news, Senior Officer Christopher John Blaine Fitzgerald sold 2,177 shares of the stock in a transaction on Thursday, March 13th. The stock was sold at an average price of C$156.26, for a total value of C$340,172.58. Also, Senior Officer Andrew William Robert Bell sold 683 shares of the firm's stock in a transaction dated 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 sale, the insider now directly owns 831 shares in the company, valued at C$129,321.72. This trade represents a 45.11 % decrease in their position. In the last ninety days, insiders sold 4,924 shares of company stock valued at $770,090. 1.20% of the stock is owned by insiders.
About Kinaxis
(
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.
Featured Articles
Before you consider Kinaxis, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kinaxis wasn't on the list.
While Kinaxis currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
