Kooth (LON:KOO) Trading Down 0.3% – Time to Sell?

Kooth plc (LON:KOO)’s share price fell 0.3% during mid-day trading on Tuesday . The company traded as low as GBX 176.15 ($2.15) and last traded at GBX 180 ($2.20). 126,662 shares traded hands during mid-day trading, an increase of 75% from the average session volume of 72,567 shares. The stock had previously closed at GBX 180.50 ($2.20).

Wall Street Analyst Weigh In

Several brokerages have recently commented on KOO. Berenberg Bank reaffirmed a “buy” rating and set a GBX 590 ($7.20) price target on shares of Kooth in a research report on Tuesday, September 17th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 580 ($7.08) target price on shares of Kooth in a report on Tuesday, September 17th.

Kooth Stock Down 0.3 %

The company has a market capitalization of £65.66 million, a price-to-earnings ratio of 1,500.00 and a beta of 0.71. The stock’s fifty day simple moving average is GBX 173.19 and its two-hundred day simple moving average is GBX 252.75. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.19 and a quick ratio of 2.36.

Insider Buying and Selling

In other Kooth news, insider Timothy John Barker purchased 20,000 shares of the firm’s stock in a transaction dated Wednesday, October 30th. The stock was bought at an average price of GBX 160 ($1.95) per share, with a total value of £32,000 ($39,067.27). Company insiders own 17.30% of the company’s stock.

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.