kneat.com (TSE:KSI) Sets New 1-Year High – Here’s Why

kneat.com, inc. (TSE:KSI)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$6.47 and last traded at C$6.43, with a volume of 125278 shares. The stock had previously closed at C$6.23.

Wall Street Analysts Forecast Growth

KSI has been the subject of a number of research analyst reports. Cibc World Mkts raised shares of kneat.com to a “strong-buy” rating in a report on Tuesday, October 29th. CIBC set a C$6.00 target price on shares of kneat.com and gave the stock an “outperform” rating in a report on Tuesday, October 29th.

kneat.com Stock Up 3.2 %

The stock has a fifty day moving average of C$5.69 and a 200-day moving average of C$5.01. The firm has a market capitalization of C$552.98 million, a price-to-earnings ratio of -40.19, a PEG ratio of 597.67 and a beta of 1.08. The company has a current ratio of 1.47, a quick ratio of 1.50 and a debt-to-equity ratio of 95.14.

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.