kneat.com (TSE:KSI) Issues Quarterly Earnings Results

kneat.com (TSE:KSI) issued its earnings results on Wednesday. The company reported C($0.03) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of C$17.00 million for the quarter. kneat.com had a negative return on equity of 29.61% and a negative net margin of 17.59%.

kneat.com Price Performance

KSI stock traded up C$0.09 on Wednesday, reaching C$4.21. The company had a trading volume of 442,292 shares, compared to its average volume of 180,141. The company’s fifty day moving average is C$4.59 and its 200 day moving average is C$5.00. The company has a market cap of C$401.36 million, a P/E ratio of -210.50, a PEG ratio of 597.67 and a beta of 0.91. The company has a debt-to-equity ratio of 85.50, a quick ratio of 1.50 and a current ratio of 1.43. kneat.com has a 1 year low of C$3.92 and a 1 year high of C$7.25.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Stifel Nicolaus reduced their price target on shares of kneat.com from C$7.50 to C$6.50 and set a “buy” rating for the company in a research report on Wednesday, November 26th. TD Securities raised kneat.com to a “strong-buy” rating in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of C$6.50.

About kneat.com

Kneat Solutions provides leading companies in highly regulated industries with unparalleled efficiency in validation and compliance through its digital validation platform Kneat Gx. As an industry leader in customer satisfaction, Kneat boasts an excellent record for implementation, powered by our user-friendly design, expert support, and on-demand training academy. Kneat Gx is an industry-leading digital validation platform that enables highly regulated companies to manage any validation discipline from end-to-end.