Kinovo (LON:KINO) Rating Reiterated by Canaccord Genuity Group

Canaccord Genuity Group restated their speculative buy rating on shares of Kinovo (LON:KINOFree Report) in a research report report published on Thursday morning, MarketBeat.com reports. They currently have a GBX 65 ($0.82) price target on the stock.

Kinovo Stock Performance

LON KINO opened at GBX 47.20 ($0.59) on Thursday. The company has a debt-to-equity ratio of 95.17, a quick ratio of 0.53 and a current ratio of 0.77. The company has a market capitalization of £29.70 million, a PE ratio of 674.29 and a beta of 0.89. Kinovo has a 52-week low of GBX 25 ($0.31) and a 52-week high of GBX 70 ($0.88). The company has a 50-day simple moving average of GBX 43.76 and a 200 day simple moving average of GBX 51.26.

Insider Activity at Kinovo

In other news, insider Sangita Shah purchased 110,565 shares of the company’s stock in a transaction dated Friday, March 8th. The shares were purchased at an average price of GBX 41 ($0.52) per share, with a total value of £45,331.65 ($56,942.16). 59.10% of the stock is owned by company insiders.

About Kinovo

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Kinovo plc, through its subsidiaries, provides gas heating, electrical, and general building services to housing associations and local authorities, public buildings, industrial and commercial, and education and private sectors in the United Kingdom. The company operates through Mechanical Services, Building Services, and Electrical Services segments.

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