Knights Group (LON:KGH) Stock Price Down 0.3% – Time to Sell?

Knights Group Holdings plc (LON:KGH) shares were down 0.3% during trading on Monday . The stock traded as low as GBX 175 and last traded at GBX 175. 137,100 shares traded hands during mid-day trading, a decline of 32% from the average daily volume of 203,101 shares. The stock had previously closed at GBX 175.50.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 355 target price on shares of Knights Group in a report on Monday, June 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 210 price target on shares of Knights Group in a research note on Thursday, May 21st. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a GBX 220 price target on shares of Knights Group in a research report on Wednesday, May 20th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 261.67.

Knights Group Trading Up 0.0%

The company has a market capitalization of £152.19 million, a P/E ratio of 140.50 and a beta of 1.47. The company has a debt-to-equity ratio of 116.67, a quick ratio of 2.10 and a current ratio of 2.26. The stock has a fifty day moving average of GBX 186.05 and a 200 day moving average of GBX 177.07.

Knights Group (LON:KGH) last released its quarterly earnings results on Monday, July 6th. The company reported GBX 28.14 earnings per share (EPS) for the quarter. Knights Group had a return on equity of 4.58% and a net margin of 2.28%. As a group, equities research analysts anticipate that Knights Group Holdings plc will post 22.0875439 EPS for the current fiscal year.

About Knights Group

Knights Group Holdings plc provides legal and professional services in the United Kingdom. The company offers business services comprising of banking, commercial, corporate, data protection, debt advisory , dispute resolution, and housing and regeneration. It also offers services in the areas of immigration, licensing and gambling, and employment. In addition, the company provides personal services in the areas of agriculture, charities, conveyancing, family, landed estates, planning, professional discipline, tax and trusts, and wills and estates.