Kooth (LON:KOO) Stock Price Down 4.7% – What’s Next?

Kooth plc (LON:KOO)’s stock price was down 4.7% during mid-day trading on Thursday . The stock traded as low as GBX 122.36 and last traded at GBX 122.50. Approximately 483,960 shares were traded during mid-day trading, an increase of 170% from the average daily volume of 178,941 shares. The stock had previously closed at GBX 128.50.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 430 target price on shares of Kooth in a research note on Thursday, January 22nd. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Kooth currently has a consensus rating of “Buy” and a consensus price target of GBX 365.

Kooth Stock Performance

The stock’s 50-day moving average price is GBX 119.95 and its 200-day moving average price is GBX 134.63. The company has a market cap of £45.04 million, a P/E ratio of 15.63 and a beta of 0.71. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.19 and a quick ratio of 2.36.

About Kooth

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.