Kooth (LON:KOO) Earns Buy Rating from Canaccord Genuity Group

Kooth (LON:KOO)‘s stock had its “buy” rating reissued by investment analysts at Canaccord Genuity Group in a research note issued to investors on Wednesday, Marketbeat Ratings reports. They presently have a GBX 330 price objective on the stock. Canaccord Genuity Group’s price objective would indicate a potential upside of 184.48% from the stock’s current price.

Kooth Trading Up 3.6%

Kooth stock opened at GBX 116 on Wednesday. The firm has a 50-day moving average price of GBX 117.41 and a 200-day moving average price of GBX 123.13. The firm has a market capitalization of £42.07 million, a PE ratio of 14.50 and a beta of 0.94. Kooth has a 12-month low of GBX 96 and a 12-month high of GBX 200.

Kooth (LON:KOO) last released its earnings results on Wednesday, April 8th. The company reported GBX 0.07 earnings per share (EPS) for the quarter. The firm had revenue of GBX 6,329 million during the quarter. Kooth had a net margin of 4.12% and a return on equity of 8.84%. As a group, sell-side analysts predict that Kooth will post 12.9798903 earnings per share for the current fiscal year.

Kooth Company Profile

At Kooth, our sole purpose is to create easy-to-access online mental health services that work alongside you to provide compassionate and effective support.