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

kneat.com, inc. (TSE:KSI)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$7.00 and last traded at C$7.00, with a volume of 3336 shares. The stock had previously closed at C$6.96.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Cibc World Mkts raised shares of kneat.com to a “strong-buy” rating in a research report on Tuesday, October 29th. CIBC set a C$6.00 price target on kneat.com and gave the stock an “outperform” rating in a research report on Tuesday, October 29th.

kneat.com Stock Performance

The company’s 50-day moving average is C$6.16 and its two-hundred day moving average is C$5.29. The stock has a market capitalization of C$592.54 million, a P/E ratio of -43.06, a P/E/G 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.

kneat.com Company Profile

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.