Kinaxis (OTCMKTS:KXSCF) Shares Gap Up – Time to Buy?

Kinaxis Inc. (OTCMKTS:KXSCFGet Free Report)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $120.97, but opened at $127.61. Kinaxis shares last traded at $127.61, with a volume of 80 shares.

Wall Street Analysts Forecast Growth

Separately, CIBC raised shares of Kinaxis from a “neutral” rating to an “outperform” rating in a report on Sunday, December 14th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

View Our Latest Stock Analysis on Kinaxis

Kinaxis Stock Up 0.4%

The business has a 50 day simple moving average of $125.28 and a 200-day simple moving average of $133.84.

Kinaxis Company Profile

(Get Free Report)

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. The company also provides strategic services, such as digital business transformation, advanced analytics, and digital innovation and acceleration services; implementation, including agile implementation methodology, RapidStart, sustainment, and rollout services; and continuous learning services consisting of Kinaxis learning center, custom learning programs, and certification, as well as support services.

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