kneat.com (TSE:KSI) Raised to “Strong-Buy” at TD Securities

kneat.com (TSE:KSI) was upgraded by investment analysts at TD Securities to a “strong-buy” rating in a report released on Wednesday,Zacks.com reports.

Separately, Stifel Nicolaus cut their target price on shares of kneat.com from C$7.50 to C$6.50 and set a “buy” rating for the company in a research report on Wednesday, November 26th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of C$6.50.

kneat.com Stock Down 5.2%

KSI stock opened at C$4.05 on Wednesday. The company’s 50 day moving average is C$4.70 and its 200 day moving average is C$5.16. The stock has a market cap of C$386.11 million, a price-to-earnings ratio of -202.50, a price-to-earnings-growth ratio of 597.67 and a beta of 0.91. The company has a current ratio of 1.43, a quick ratio of 1.50 and a debt-to-equity ratio of 85.50. kneat.com has a 1-year low of C$4.01 and a 1-year high of C$7.25.

kneat.com (TSE:KSI) last announced its earnings results on Wednesday, November 12th. The company reported C($0.01) earnings per share (EPS) for the quarter. The company 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%. Sell-side analysts predict that kneat.com will post -0.12 EPS for the current fiscal year.

Insider Activity at kneat.com

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

kneat.com Company Profile

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.