Kinaxis (KXSCF) to Post Quarterly Earnings on Wednesday

Kinaxis (OTCMKTS:KXSCF) is expected to be posting its resultson Wednesday, August 5th. Analysts expect Kinaxis to post earnings of $0.97 per share and revenue of $153.3990 million for the quarter.

Kinaxis Stock Performance

OTCMKTS:KXSCF traded up $7.26 during mid-day trading on Wednesday, reaching $118.53. 128 shares of the company’s stock were exchanged, compared to its average volume of 11,802. Kinaxis has a one year low of $84.70 and a one year high of $158.91. The firm has a market capitalization of $3.23 billion and a PE ratio of 68.91. The business’s fifty day simple moving average is $110.22 and its two-hundred day simple moving average is $104.88. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.72 and a current ratio of 1.72.

Analysts Set New Price Targets

A number of brokerages have issued reports on KXSCF. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Kinaxis in a research report on Monday, July 20th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Kinaxis in a research report on Friday, May 8th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Kinaxis in a research note on Friday, May 8th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.

About Kinaxis

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.