Kinovo (LON:KINO) Reaches New 1-Year High at $73.00

Kinovo plc (LON:KINO)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 73 ($0.94) and last traded at GBX 73 ($0.94), with a volume of 69709 shares traded. The stock had previously closed at GBX 68 ($0.87).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group lifted their price target on shares of Kinovo from GBX 70 ($0.90) to GBX 80 ($1.03) and gave the stock a “speculative buy” rating in a research note on Tuesday, July 9th.

Kinovo Price Performance

The firm has a market cap of £45.93 million, a PE ratio of 1,028.57 and a beta of 0.89. The company has a debt-to-equity ratio of 95.17, a current ratio of 0.77 and a quick ratio of 0.53. The firm has a 50-day simple moving average of GBX 63.45 and a 200 day simple moving average of GBX 54.92.

Kinovo Company Profile

Kinovo plc, through its subsidiaries, provides gas heating, electrical, and general building services to housing associations and local authorities, public buildings, industrial and commercial, and education and private sectors in the United Kingdom. The company operates through Mechanical Services, Building Services, and Electrical Services segments.