kneat.com (TSE:KSI) Trading 0.4% Higher – What’s Next?

kneat.com, inc. (TSE:KSI) shot up 0.4% on Tuesday . The stock traded as high as C$4.86 and last traded at C$4.80. 279,405 shares changed hands during mid-day trading, an increase of 90% from the average session volume of 147,147 shares. The stock had previously closed at C$4.78.

Analysts Set New Price Targets

Separately, Stifel Nicolaus dropped their price objective on kneat.com from C$7.50 to C$6.50 and set a “buy” rating on the stock in a report on Wednesday, November 26th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of C$6.75.

kneat.com Trading Up 0.4%

The stock has a market cap of C$457.61 million, a P/E ratio of -240.00, a PEG ratio of 597.67 and a beta of 1.10. The firm’s fifty day moving average price is C$4.66 and its two-hundred day moving average price is C$5.22. The company has a debt-to-equity ratio of 85.50, a current ratio of 1.43 and a quick ratio of 1.50.

kneat.com (TSE:KSI) last posted its quarterly earnings data on Wednesday, November 12th. The company reported C($0.01) earnings per share (EPS) for the quarter. The business had revenue of C$16.11 million for the quarter. kneat.com had a negative net margin of 17.59% and a negative return on equity of 29.61%. As a group, equities research analysts forecast that kneat.com, inc. will post -0.12 EPS for the current year.

Insider Activity at kneat.com

In related news, insider Dave O’reilly acquired 6,654 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The shares were bought at an average cost of C$4.13 per share, for a total transaction of C$27,481.02. Following the completion of the transaction, the insider owned 6,654 shares in the company, valued at approximately C$27,481.02. This trade represents a ∞ increase in their ownership of the stock. Insiders own 25.96% of the company’s stock.

About kneat.com

Kneat Solutions provides leading companies in highly regulated industries with unparalleled efficiency in validation and compliance through its digital validation platform Kneat Gx. As an industry leader in customer satisfaction, Kneat boasts an excellent record for implementation, powered by our user-friendly design, expert support, and on-demand training academy. Kneat Gx is an industry-leading digital validation platform that enables highly regulated companies to manage any validation discipline from end-to-end.