Kainos Group (LON:KNOS) Sets New 1-Year Low – Time to Sell?

Shares of Kainos Group plc (LON:KNOS) reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 666 ($8.61) and last traded at GBX 667 ($8.62), with a volume of 81734 shares changing hands. The stock had previously closed at GBX 692 ($8.95).

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Canaccord Genuity Group reaffirmed a “speculative buy” rating and issued a GBX 1,000 ($12.93) price target on shares of Kainos Group in a report on Friday, March 14th. Shore Capital reiterated a “buy” rating on shares of Kainos Group in a report on Friday, February 7th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of GBX 1,150 ($14.87).

Kainos Group Stock Down 0.4 %

The stock has a market capitalization of £841.55 million, a price-to-earnings ratio of 17.46, a PEG ratio of 2.15 and a beta of 0.79. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.59. The business has a fifty day moving average of GBX 747.22 and a 200 day moving average of GBX 792.55.

About Kainos Group

Kainos Group plc engages in the provision of digital technology services in the United Kingdom, Ireland, North America, Central Europe, and internationally. It operates through three segments: Digital Services, Workday Services, and Workday Products. The Digital Services segment develops and supports custom digital service platforms for transforming service delivery in public, commercial, and healthcare sectors.