Kinovo (LON:KINO) Receives Buy Rating from Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of Kinovo (LON:KINO) in a research report sent to investors on Thursday morning, MarketBeat reports. They currently have a GBX 95 ($1.24) target price on the stock.

Kinovo Trading Down 4.9 %

LON:KINO traded down GBX 2.98 ($0.04) during midday trading on Thursday, hitting GBX 58.02 ($0.76). 301,571 shares of the company traded hands, compared to its average volume of 127,675. The company has a current ratio of 0.71, a quick ratio of 0.53 and a debt-to-equity ratio of 95.17. The firm’s fifty day moving average is GBX 65.26 and its 200-day moving average is GBX 63.16. The firm has a market capitalization of £36.74 million, a P/E ratio of 762.50 and a beta of 1.04. Kinovo has a 12-month low of GBX 25 ($0.33) and a 12-month high of GBX 79 ($1.03).

Kinovo Company Profile

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.