Kinovo (LON:KINO) Trading Up 27.4% – Time to Buy?

Kinovo plc (LON:KINO) shares traded up 27.4% during mid-day trading on Monday . The stock traded as high as GBX 84 ($1.12) and last traded at GBX 79 ($1.05). 504,741 shares were traded during mid-day trading, an increase of 445% from the average session volume of 92,650 shares. The stock had previously closed at GBX 62 ($0.82).

Kinovo Stock Up 32.6%

The stock has a market cap of £49.73 million, a P/E ratio of -80.89 and a beta of 1.04. The stock’s fifty day simple moving average is GBX 59.80 and its 200-day simple moving average is GBX 61.54. The company has a debt-to-equity ratio of -118.96, a current ratio of 0.71 and a quick ratio of 0.53.

Kinovo Company Profile

Kinovo plc, through its subsidiaries, provides gas heating, electrical, and general building services to housing associations and local authorities, public buildings, industrial and commercial, and education and private sectors in the United Kingdom. The company operates through Mechanical Services, Building Services, and Electrical Services segments.