kneat.com (TSE:KSI) Posts Earnings Results

kneat.com (TSE:KSI) announced its quarterly earnings data on Wednesday. The company reported C($0.04) EPS for the quarter, FiscalAI reports. The firm had revenue of C$18.00 million during the quarter. kneat.com had a negative return on equity of 3.55% and a negative net margin of 3.71%.

kneat.com Price Performance

Shares of KSI stock opened at C$5.09 on Thursday. The stock has a 50-day moving average price of C$3.98 and a 200 day moving average price of C$4.39. The company has a quick ratio of 1.50, a current ratio of 1.82 and a debt-to-equity ratio of 53.89. The firm has a market cap of C$489.31 million, a price-to-earnings ratio of -254.50, a PEG ratio of 597.67 and a beta of 0.86. kneat.com has a 12 month low of C$3.23 and a 12 month high of C$6.87.

Wall Street Analyst Weigh In

A number of brokerages recently commented on KSI. Raymond James Financial lowered their price objective on kneat.com from C$7.00 to C$5.50 and set an “outperform” rating for the company in a research report on Thursday, February 26th. TD Securities upgraded kneat.com to a “strong-buy” rating in a research report on Wednesday, February 4th. Finally, ATB Cormark Capital Markets lifted their price objective on kneat.com from C$6.00 to C$7.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company. According to MarketBeat.com, kneat.com currently has a consensus rating of “Buy” and an average target price of C$6.25.

kneat.com Company Profile

Kneat Solutions provides leading companies in highly regulated industries with unparalleled efficiency in validation and compliance through its digital validation platform Kneat Gx. As an industry leader in customer satisfaction, Kneat boasts an excellent record for implementation, powered by our user-friendly design, expert support, and on-demand training academy. Kneat Gx is an industry-leading digital validation platform that enables highly regulated companies to manage any validation discipline from end-to-end.