kneat.com (TSE:KSI) Downgraded to “Sell” Rating by TD

kneat.com (TSE:KSI) was downgraded by stock analysts at TD from a “buy” rating to a “sell” rating in a report issued on Tuesday,BayStreet.CA reports. They currently have a C$6.50 price target on the stock, up from their previous price target of C$6.00. TD’s price objective indicates a potential upside of 1.09% from the stock’s current price.

A number of other equities research analysts have also commented on the company. ATB Cormark Capital Markets increased their price target on kneat.com from C$6.00 to C$7.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Raymond James Financial decreased their price objective on kneat.com from C$7.00 to C$5.50 and set an “outperform” rating on the stock in a research report on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$6.30.

kneat.com Stock Performance

TSE KSI remained flat at C$6.43 during trading hours on Tuesday. The company had a trading volume of 850,495 shares, compared to its average volume of 207,407. The company has a market cap of C$618.13 million, a PE ratio of -80.38, a PEG ratio of 597.67 and a beta of 1.18. kneat.com has a 1-year low of C$3.23 and a 1-year high of C$6.73. The business’s 50 day simple moving average is C$4.58 and its two-hundred day simple moving average is C$4.43. The company has a debt-to-equity ratio of 42.42, a quick ratio of 1.50 and a current ratio of 1.41.

kneat.com (TSE:KSI) last released its quarterly earnings results on Wednesday, May 13th. The company reported C($0.04) EPS for the quarter. The business had revenue of C$18.00 million for the quarter. kneat.com had a negative return on equity of 12.95% and a negative net margin of 12.69%. As a group, research analysts forecast that kneat.com will post -0.12 EPS for the current year.

kneat.com Company Profile

Kneat Solutions provides leading companies in highly regulated industries with unparalleled efficiency in validation and compliance through its digital validation platform Kneat Gx. As an industry leader in customer satisfaction, Kneat boasts an excellent record for implementation, powered by our user-friendly design, expert support, and on-demand training academy. Kneat Gx is an industry-leading digital validation platform that enables highly regulated companies to manage any validation discipline from end-to-end.