kneat.com (TSE:KSI) Stock Price Up 18.6% – Should You Buy?

kneat.com, inc. (TSE:KSI) shares traded up 18.6% during trading on Monday . The stock traded as high as C$6.43 and last traded at C$6.43. 3,722,133 shares changed hands during trading, an increase of 1,775% from the average session volume of 198,557 shares. The stock had previously closed at C$5.42.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Raymond James Financial lowered their price objective on shares of 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. ATB Cormark Capital Markets boosted their price objective on shares of kneat.com from C$6.00 to C$7.00 and gave the company an “outperform” rating in a research report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. According to MarketBeat, kneat.com currently has an average rating of “Buy” and a consensus price target of C$6.25.

kneat.com Trading Up 18.6%

The firm has a market capitalization of C$618.13 million, a price-to-earnings ratio of -80.38, a P/E/G ratio of 597.67 and a beta of 1.18. The company has a debt-to-equity ratio of 42.42, a current ratio of 1.41 and a quick ratio of 1.50. The firm’s 50-day simple moving average is C$4.52 and its 200 day simple moving average is C$4.41.

kneat.com (TSE:KSI) last announced its quarterly earnings data on Wednesday, May 13th. The company reported C($0.04) EPS for the quarter. The firm had revenue of C$18.00 million for the quarter. kneat.com had a negative net margin of 12.69% and a negative return on equity of 12.95%. Equities analysts expect that kneat.com, inc. will post -0.12 earnings per share for the current year.

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.