Canaccord Genuity Group reissued their buy rating on shares of Kooth (LON:KOO – Free Report) in a report released on Thursday morning, Marketbeat.com reports. The firm currently has a GBX 580 ($7.16) target price on the stock.
Kooth Stock Down 6.7 %
Shares of KOO stock opened at GBX 160 ($1.98) on Thursday. The stock’s 50-day simple moving average is GBX 174.20 and its 200-day simple moving average is GBX 246.89. The firm has a market capitalization of £58.37 million, a PE ratio of 1,333.33 and a beta of 0.71. Kooth has a fifty-two week low of GBX 157 ($1.94) and a fifty-two week high of GBX 354 ($4.37). The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.36 and a current ratio of 2.19.
Insider Transactions at Kooth
In related news, insider Timothy John Barker acquired 20,000 shares of Kooth stock in a transaction dated Wednesday, October 30th. The shares were acquired at an average cost of GBX 160 ($1.98) per share, for a total transaction of £32,000 ($39,525.69). Insiders own 17.30% of the company’s stock.
About Kooth
At Kooth, our sole purpose is to create easy-to-access online mental health services that work alongside you to provide compassionate and effective support.
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