Kinovo (LON:KINO) Trading 0.8% Higher

Kinovo plc (LON:KINO)’s stock price was up 0.8% during mid-day trading on Tuesday . The company traded as high as GBX 65.97 ($0.86) and last traded at GBX 65 ($0.85). Approximately 31,919 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 129,134 shares. The stock had previously closed at GBX 64.50 ($0.84).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 95 ($1.24) target price on shares of Kinovo in a research note on Friday, August 9th.

Kinovo Trading Up 0.8 %

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 £41.14 million, a price-to-earnings ratio of 812.50 and a beta of 1.04. The business has a fifty day simple moving average of GBX 69.74 and a 200 day simple moving average of GBX 57.30.

About Kinovo

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.