Insider Selling: Kinaxis Inc. (TSE:KXS) Senior Officer Sells 2,177 Shares of Stock

Kinaxis Inc. (TSE:KXS) Senior Officer Christopher John Blaine Fitzgerald sold 2,177 shares of Kinaxis stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of C$156.26, for a total value of C$340,172.58.

Kinaxis Price Performance

Shares of KXS stock opened at C$159.52 on Friday. The stock has a 50-day moving average price of C$166.09 and a 200 day moving average price of C$165.37. The company has a quick ratio of 2.29, a current ratio of 1.89 and a debt-to-equity ratio of 12.12. The firm has a market cap of C$3.21 billion, a price-to-earnings ratio of 158.32, a PEG ratio of 3.60 and a beta of 0.78. Kinaxis Inc. has a 12 month low of C$132.93 and a 12 month high of C$190.17.

Wall Street Analysts Forecast Growth

Separately, CIBC cut their price target on Kinaxis from C$175.00 to C$170.00 in a report on Friday, February 28th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of C$192.00.

Kinaxis Company Profile

Kinaxis Inc provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. It offers RapidResponse, a cloud-based platform, which provides advanced planning, sales and operation planning, supply and demand planning, inventory management, and command and control center services.