kneat.com (TSE:KSI) Sets New 52-Week Low – What’s Next?

Shares of kneat.com, inc. (TSE:KSI) reached a new 52-week low during trading on Thursday . The company traded as low as C$3.39 and last traded at C$3.38, with a volume of 38794 shares. The stock had previously closed at C$3.74.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Raymond James Financial cut their price objective on kneat.com from C$7.00 to C$5.50 and set an “outperform” rating on the stock in a report on Thursday, February 26th. TD Securities raised shares of kneat.com to a “strong-buy” rating in a research report on Wednesday, February 4th. Finally, Stifel Nicolaus cut their price target on shares of kneat.com from C$7.50 to C$6.50 and set a “buy” rating on the stock in a report on Wednesday, November 26th. One analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of C$6.00.

kneat.com Stock Down 8.0%

The company has a fifty day simple moving average of C$4.25 and a 200 day simple moving average of C$4.82. The firm has a market capitalization of C$329.51 million, a P/E ratio of -172.00, a P/E/G ratio of 597.67 and a beta of 0.66. The company has a quick ratio of 1.50, a current ratio of 1.82 and a debt-to-equity ratio of 53.89.

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

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.