Kainos Group (LON:KNOS) Hits New 52-Week Low – What’s Next?

Kainos Group plc (LON:KNOS) shares hit a new 52-week low on Monday . The company traded as low as GBX 666 ($8.61) and last traded at GBX 667 ($8.62), with a volume of 81734 shares trading hands. The stock had previously closed at GBX 692 ($8.95).

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Shore Capital restated a “buy” rating on shares of Kainos Group in a report on Friday, February 7th. Canaccord Genuity Group restated a “speculative buy” rating and set a GBX 1,000 ($12.93) price target on shares of Kainos Group in a research note on Friday, March 14th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 1,150 ($14.87).

Kainos Group Trading Down 0.4 %

The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.59. The firm has a market cap of £841.55 million, a PE ratio of 17.46, a price-to-earnings-growth ratio of 2.15 and a beta of 0.79. The company’s 50 day moving average price is GBX 747.22 and its 200 day moving average price is GBX 792.55.

About Kainos Group

Kainos Group plc engages in the provision of digital technology services in the United Kingdom, Ireland, North America, Central Europe, and internationally. It operates through three segments: Digital Services, Workday Services, and Workday Products. The Digital Services segment develops and supports custom digital service platforms for transforming service delivery in public, commercial, and healthcare sectors.