Kainos Group (LON:KNOS) Hits New 52-Week Low at $1,040.00

Kainos Group plc (LON:KNOS) shares hit a new 52-week low during trading on Monday . The stock traded as low as GBX 1,040 ($12.84) and last traded at GBX 1,100 ($13.58), with a volume of 91578 shares trading hands. The stock had previously closed at GBX 1,232 ($15.21).

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “buy” rating on shares of Kainos Group in a research note on Thursday. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Kainos Group has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,476 ($18.22).

Kainos Group Trading Down 12.3 %

The stock has a market capitalization of £1.35 billion, a PE ratio of 3,733.33, a P/E/G ratio of 2.15 and a beta of 0.85. The company has a current ratio of 1.86, a quick ratio of 1.59 and a debt-to-equity ratio of 1.07. The stock has a 50 day moving average price of GBX 1,164.30 and a 200-day moving average price of GBX 1,230.50.

Kainos Group Company Profile

Kainos Group plc provides 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 public sector, commercial, and healthcare customers.