kneat.com (TSE:KSI) Sets New 1-Year High – What’s Next?

kneat.com, inc. (TSE:KSI) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$6.09 and last traded at C$6.08, with a volume of 24757 shares trading hands. The stock had previously closed at C$5.93.

Analysts Set New Price Targets

A number of research firms recently weighed in on KSI. Cibc World Mkts raised shares of kneat.com to a “strong-buy” rating in a report on Tuesday, October 29th. 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.

kneat.com Trading Down 1.0 %

The business’s 50 day moving average price is C$5.29 and its two-hundred day moving average price is C$4.82. The company has a debt-to-equity ratio of 95.14, a quick ratio of 1.50 and a current ratio of 1.47. The company has a market capitalization of C$516.86 million, a price-to-earnings ratio of -37.56, a price-to-earnings-growth ratio of 597.67 and a beta of 1.08.

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.