Kinovo (LON:KINO) Sets New 12-Month High at $79.00

Kinovo plc (LON:KINO)’s share price reached a new 52-week high on Tuesday . The company traded as high as GBX 79 ($1.03) and last traded at GBX 76 ($0.99), with a volume of 49443 shares. The stock had previously closed at GBX 74 ($0.96).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 95 ($1.23) price objective on shares of Kinovo in a research report on Friday, August 9th.

Kinovo Stock Up 2.7 %

The business’s 50 day moving average is GBX 66.28 and its 200 day moving average is GBX 55.45. The company has a quick ratio of 0.53, a current ratio of 0.71 and a debt-to-equity ratio of 95.17. The company has a market cap of £47.90 million, a P/E ratio of 912.50 and a beta of 1.07.

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.