kneat.com (TSE:KSI) Hits New 52-Week Low – Should You Sell?

kneat.com, inc. (TSE:KSI)’s stock price hit a new 52-week low on Thursday . The company traded as low as C$3.62 and last traded at C$3.63, with a volume of 60251 shares. The stock had previously closed at C$3.76.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on KSI shares. 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 upgraded shares of kneat.com to a “strong-buy” rating in a research note on Wednesday, February 4th. Finally, Raymond James Financial reduced their target price on shares of kneat.com from C$7.00 to C$5.50 and set an “outperform” rating for the company in a research report on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of C$6.00.

kneat.com Price Performance

The company has a debt-to-equity ratio of 53.89, a quick ratio of 1.50 and a current ratio of 1.82. The company has a market cap of C$345.79 million, a P/E ratio of -180.50, a P/E/G ratio of 597.67 and a beta of 0.66. The firm has a 50 day moving average price of C$4.33 and a two-hundred day moving average price of C$4.85.

kneat.com (TSE:KSI) last announced its quarterly earnings data on Wednesday, February 25th. The company reported C($0.03) earnings per share (EPS) for the quarter. The firm had revenue of C$17.00 million during the quarter. kneat.com had a negative net margin of 3.71% and a negative return on equity of 3.55%. On average, analysts predict that kneat.com, inc. will post -0.12 EPS for the current fiscal year.

kneat.com Company Profile

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.