Kooth (LON:KOO) Shares Up 7.1% – What’s Next?

Shares of Kooth plc (LON:KOO) rose 7.1% during trading on Tuesday . The company traded as high as GBX 172 and last traded at GBX 165. Approximately 168,933 shares were traded during trading, an increase of 58% from the average daily volume of 106,699 shares. The stock had previously closed at GBX 154.

Analyst Upgrades and Downgrades

KOO has been the topic of a number of recent analyst reports. Stifel Nicolaus reissued a “buy” rating and issued a GBX 360 price objective on shares of Kooth in a research report on Tuesday, April 21st. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 330 target price on shares of Kooth in a research note on Wednesday, April 8th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 330.

Kooth Price Performance

The firm has a market capitalization of £59.85 million, a P/E ratio of 23.57 and a beta of 1.24. The firm has a 50-day moving average price of GBX 138.08 and a two-hundred day moving average price of GBX 125.69.

Kooth (LON:KOO) last posted its quarterly earnings results on Wednesday, April 8th. The company reported GBX 0.07 EPS for the quarter. Kooth had a net margin of 4.12% and a return on equity of 8.84%. The firm had revenue of GBX 6,329 million for the quarter. Sell-side analysts predict that Kooth plc will post 12.9798903 earnings per share for the current fiscal year.

About Kooth

At Kooth, our sole purpose is to create easy-to-access online mental health services that work alongside you to provide compassionate and effective support.