Kinovo (LON:KINO) Given Buy Rating at Canaccord Genuity Group

Kinovo (LON:KINO)‘s stock had its “buy” rating reaffirmed by equities researchers at Canaccord Genuity Group in a research report issued on Friday, LSE.Co.UK reports. They presently have a GBX 95 ($1.21) target price on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 31.40% from the company’s current price.

Kinovo Stock Performance

Shares of Kinovo stock traded up GBX 2.80 ($0.04) on Friday, reaching GBX 72.30 ($0.92). 203,781 shares of the stock were exchanged, compared to its average volume of 136,910. The firm has a market capitalization of £45.49 million, a PE ratio of 1,032.86 and a beta of 0.89. Kinovo has a 1-year low of GBX 25 ($0.32) and a 1-year high of GBX 75 ($0.96). The business has a fifty day moving average price of GBX 64.51 and a two-hundred day moving average price of GBX 55.22. The company has a current ratio of 0.77, a quick ratio of 0.53 and a debt-to-equity ratio of 95.17.

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.