Kinaxis (OTCMKTS:KXSCF) Posts Earnings Results

Kinaxis (OTCMKTS:KXSCF) posted its quarterly earnings data on Wednesday. The company reported $0.72 EPS for the quarter, missing the consensus estimate of $0.97 by ($0.25), Zacks reports. Kinaxis had a return on equity of 20.95% and a net margin of 14.42%.

Kinaxis Stock Performance

Shares of KXSCF stock traded up $3.40 on Wednesday, hitting $141.10. The company had a trading volume of 7,155 shares, compared to its average volume of 10,796. Kinaxis has a twelve month low of $84.70 and a twelve month high of $143.50. The company has a quick ratio of 1.88, a current ratio of 1.88 and a debt-to-equity ratio of 0.10. The firm has a market cap of $3.82 billion and a P/E ratio of 56.90. The company has a 50-day moving average price of $129.17 and a 200-day moving average price of $112.26.

Analyst Ratings Changes

Several research analysts have recently issued reports on KXSCF shares. BMO Capital Markets restated an “outperform” rating on shares of Kinaxis in a research note on Tuesday, August 4th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Kinaxis in a research note on Monday, July 20th. Four analysts have rated the stock with a Buy rating. According to data from MarketBeat, the company has an average rating of “Buy”.

About Kinaxis

Kinaxis Inc is a Canadian technology company that provides supply chain orchestration and planning software. Its solutions help organizations coordinate demand, supply, inventory, production, transportation and other supply chain activities across complex global operations.

The company’s primary platform, Kinaxis Maestro, is designed to support concurrent planning, supply and demand balancing, sales and operations planning, inventory management, control-tower visibility and scenario analysis.