kneat.com (TSE:KSI) Hits New 1-Year High – Here’s Why

kneat.com, inc. (TSE:KSI) shares hit a new 52-week high on Thursday . The company traded as high as C$6.47 and last traded at C$6.43, with a volume of 125278 shares. The stock had previously closed at C$6.23.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently 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. CIBC set a C$6.00 price objective on kneat.com and gave the company an “outperform” rating in a research note on Tuesday, October 29th.

kneat.com Price Performance

The business’s 50-day simple moving average is C$5.75 and its 200-day simple moving average is C$5.04. The stock has a market cap of C$549.54 million, a PE ratio of -39.94, a PEG ratio of 597.67 and a beta of 1.08. The company has a quick ratio of 1.50, a current ratio of 1.47 and a debt-to-equity ratio of 95.14.

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.