kneat.com (TSE:KSI) Hits New 1-Year High – What’s Next?

Shares of kneat.com, inc. (TSE:KSI) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$5.29 and last traded at C$5.28, with a volume of 104192 shares. The stock had previously closed at C$5.06.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Ventum Cap Mkts upgraded kneat.com to a “strong-buy” rating in a report on Wednesday, August 7th. Cibc World Mkts raised kneat.com to a “strong-buy” rating in a research report on Tuesday, October 29th. Finally, CIBC set a C$6.00 target price on kneat.com and gave the company an “outperform” rating in a research report on Tuesday, October 29th.

kneat.com Trading Down 1.3 %

The business has a 50-day simple moving average of C$4.81 and a two-hundred day simple moving average of C$4.57. The stock has a market cap of C$451.50 million, a price-to-earnings ratio of -32.88, a P/E/G ratio of 597.67 and a beta of 1.08. The company has a debt-to-equity ratio of 95.14, a current ratio of 1.47 and a quick ratio of 1.50.

About kneat.com

kneat.com, inc., together with its subsidiaries, designs, develops, and supplies software for data and document management within regulated environments in North America, Europe, and the Asia Pacific. The company offers the Kneat Gx platform, a configurable off-the-shelf application focused on validation lifecycle management and testing for biotechnology, pharmaceutical, and medical device manufacturing industries.