TD Securities Reiterates C$6.00 Price Target for kneat.com (TSE:KSI)

TD Securities set a C$6.00 target price on kneat.com (TSE:KSI) in a research note issued to investors on Monday,BayStreet.CA reports. The firm currently has a buy rating on the stock.

Separately, Stifel Nicolaus lowered their price target on kneat.com from C$7.50 to C$6.50 and set a “buy” rating on the stock in a report on Wednesday, November 26th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, kneat.com currently has an average rating of “Buy” and a consensus target price of C$6.50.

kneat.com Stock Performance

KSI opened at C$4.27 on Monday. The company has a current ratio of 1.43, a quick ratio of 1.50 and a debt-to-equity ratio of 85.50. The business’s 50 day moving average is C$4.71 and its 200-day moving average is C$5.17. The stock has a market cap of C$407.08 million, a PE ratio of -213.50, a price-to-earnings-growth ratio of 597.67 and a beta of 0.91. kneat.com has a twelve month low of C$4.01 and a twelve month high of C$7.25.

kneat.com (TSE:KSI) last posted its earnings results on Wednesday, November 12th. The company reported C($0.01) EPS for the quarter. The business had revenue of C$16.11 million during the quarter. kneat.com had a negative net margin of 17.59% and a negative return on equity of 29.61%. On average, analysts predict that kneat.com will post -0.12 earnings per share for the current year.

Insider Buying and Selling at kneat.com

In other news, insider Dave O’reilly acquired 6,654 shares of the business’s stock in a transaction dated Monday, November 17th. The stock was acquired at an average price of C$4.13 per share, for a total transaction of C$27,481.02. Following the completion of the acquisition, the insider directly owned 6,654 shares in the company, valued at C$27,481.02. This represents a ? increase in their position. 25.96% of the stock is currently owned by company insiders.

About kneat.com

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.