Kooth (LON:KOO) Stock Price Up 1.6% – Here’s What Happened

Kooth plc (LON:KOO)’s share price traded up 1.6% during mid-day trading on Tuesday . The stock traded as high as GBX 160 and last traded at GBX 160. Approximately 20,789 shares changed hands during trading, a decline of 79% from the average session volume of 98,708 shares. The stock had previously closed at GBX 157.50.

Analysts Set New Price Targets

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

Kooth Price Performance

The stock has a market capitalization of £58.04 million, a price-to-earnings ratio of 22.86 and a beta of 1.30. The business has a 50 day simple moving average of GBX 159.96 and a 200-day simple moving average of GBX 134.51.

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.