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Kooth (LON:KOO) Shares Down 2.1% - Here's What Happened

Kooth logo with Medical background

Shares of Kooth plc (LON:KOO - Get Free Report) fell 2.1% during mid-day trading on Thursday . The company traded as low as GBX 160 ($2.02) and last traded at GBX 161 ($2.03). 107,586 shares were traded during mid-day trading, a decline of 30% from the average session volume of 153,053 shares. The stock had previously closed at GBX 164.50 ($2.08).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 580 ($7.32) target price on shares of Kooth in a research report on Thursday, January 23rd.

Check Out Our Latest Stock Report on Kooth

Kooth Stock Down 6.2 %

The stock has a market capitalization of £55.97 million, a P/E ratio of 14.33 and a beta of 0.71. The firm's fifty day moving average is GBX 171.02 and its 200-day moving average is GBX 229.46. The company has a current ratio of 2.19, a quick ratio of 2.36 and a debt-to-equity ratio of 0.13.

About Kooth

(Get Free Report)

At Kooth, our sole purpose is to create easy-to-access online mental health services that work alongside you to provide compassionate and effective support.

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