Kinovo’s (KINO) “Buy” Rating Reiterated at Canaccord Genuity Group

Kinovo (LON:KINO)‘s stock had its “buy” rating reaffirmed by stock analysts at Canaccord Genuity Group in a report released on Friday, LSE.Co.UK reports. They presently have a GBX 95 ($1.21) price objective on the stock. Canaccord Genuity Group’s price target would indicate a potential upside of 31.40% from the stock’s previous close.

Kinovo Stock Up 4.0 %

Kinovo stock traded up GBX 2.80 ($0.04) during mid-day trading on Friday, hitting GBX 72.30 ($0.92). The company’s stock had a trading volume of 203,781 shares, compared to its average volume of 136,910. The company has a debt-to-equity ratio of 95.17, a current ratio of 0.77 and a quick ratio of 0.53. Kinovo has a 52-week low of GBX 25 ($0.32) and a 52-week high of GBX 75 ($0.96). The firm’s 50 day moving average is GBX 64.51 and its 200 day moving average is GBX 55.22. The company has a market cap of £45.49 million, a PE ratio of 1,032.86 and a beta of 0.89.

About Kinovo

Kinovo plc, through its subsidiaries, provides gas heating, electrical, and general building services to housing associations and local authorities, public buildings, industrial and commercial, and education and private sectors in the United Kingdom. The company operates through Mechanical Services, Building Services, and Electrical Services segments.