kneat.com (TSE:KSI) Sets New 12-Month High – Here’s Why

kneat.com, inc. (TSE:KSI) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$5.71 and last traded at C$5.64, with a volume of 181434 shares traded. The stock had previously closed at C$5.27.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Cibc World Mkts raised shares of kneat.com to a “strong-buy” rating in a research note on Tuesday, October 29th. Ventum Cap Mkts raised shares of kneat.com to a “strong-buy” rating in a research note on Wednesday, August 7th. Finally, CIBC set a C$6.00 price objective on shares of kneat.com and gave the stock an “outperform” rating in a research note on Tuesday, October 29th.

kneat.com Stock Down 2.3 %

The company’s 50 day moving average price is C$4.87 and its two-hundred day moving average price is C$4.61. The company has a quick ratio of 1.50, a current ratio of 1.47 and a debt-to-equity ratio of 95.14. The stock has a market cap of C$480.74 million, a P/E ratio of -34.94, a P/E/G ratio of 597.67 and a beta of 1.08.

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.