Kooth (LON:KOO) Given New GBX 580 Price Target at Canaccord Genuity Group

Kooth (LON:KOO) had its price objective hoisted by Canaccord Genuity Group from GBX 565 ($7.14) to GBX 580 ($7.33) in a report issued on Wednesday morning, MarketBeat.com reports. Canaccord Genuity Group currently has a buy rating on the stock.

Kooth Price Performance

LON:KOO opened at GBX 270 ($3.41) on Wednesday. The company has a quick ratio of 2.36, a current ratio of 1.43 and a debt-to-equity ratio of 0.51. The business’s 50-day simple moving average is GBX 278.33 and its two-hundred day simple moving average is GBX 299.76. The stock has a market cap of £98.17 million, a PE ratio of -9,000.00 and a beta of 0.71. Kooth has a 52 week low of GBX 230 ($2.91) and a 52 week high of GBX 380 ($4.80).

About Kooth

Kooth plc, together with its subsidiaries, provides digital mental health services to children, young people, and adults in the United Kingdom. It operates an online platform that offers various therapeutic support tools and interventions, including self-help tools; and a community with a library of peer and professional created content, as well as provides online counselling and support services.