Kinovo (LON:KINO – Get Free Report)‘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.
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