kneat.com (TSE:KSI) Hits New 52-Week 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$6.09 and last traded at C$6.08, with a volume of 24757 shares traded. The stock had previously closed at C$5.93.

Analysts Set New Price Targets

Several research firms have weighed in on KSI. CIBC set a C$6.00 price target on shares of kneat.com and gave the company an “outperform” rating in a research note on Tuesday, October 29th. Cibc World Mkts raised kneat.com to a “strong-buy” rating in a research report on Tuesday, October 29th.

kneat.com Price Performance

The company has a current ratio of 1.47, a quick ratio of 1.50 and a debt-to-equity ratio of 95.14. The firm has a market cap of C$522.88 million, a PE ratio of -38.00, a PEG ratio of 597.67 and a beta of 1.08. The business has a fifty day moving average of C$5.24 and a 200-day moving average of C$4.79.

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.