Knights Group (LON:KGH) Trading 2.5% Higher – What’s Next?

Posted by Tech Dows on Feb 8th, 2025

Knights Group Holdings plc (LON:KGH – Get Free Report)’s stock price shot up 2.5% during mid-day trading on Wednesday . The company traded as high as GBX 123 ($1.53) and last traded at GBX 122 ($1.51). 161,824 shares were traded during mid-day trading, a decline of 19% from the average session volume of 199,937 shares. The stock had previously closed at GBX 119 ($1.48).

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “buy” rating on shares of Knights Group in a report on Tuesday, January 14th.

Check Out Our Latest Analysis on Knights Group

Knights Group Stock Performance

The company has a market cap of £106.01 million, a PE ratio of 1,120.45 and a beta of 1.12. The stock’s 50-day simple moving average is GBX 112.41 and its 200 day simple moving average is GBX 120.84. The company has a debt-to-equity ratio of 80.98, a quick ratio of 2.10 and a current ratio of 2.58.

Knights Group (LON:KGH – Get Free Report) last posted its quarterly earnings results on Tuesday, January 14th. The company reported GBX 12.71 ($0.16) earnings per share (EPS) for the quarter. Knights Group had a net margin of 6.57% and a return on equity of 10.20%. As a group, equities analysts anticipate that Knights Group Holdings plc will post 22.0875439 EPS for the current year.

Knights Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, March 14th. Stockholders of record on Thursday, February 13th will be issued a GBX 1.76 ($0.02) dividend. The ex-dividend date is Thursday, February 13th. This represents a dividend yield of 1.47%. Knights Group’s dividend payout ratio is currently 3,636.36%.

Insider Buying and Selling

In related news, insider Dave Wilson bought 8,155 shares of the stock in a transaction on Tuesday, January 14th. The shares were bought at an average cost of GBX 123 ($1.53) per share, for a total transaction of £10,030.65 ($12,443.43). 30.06% of the stock is currently owned by corporate insiders.

Knights Group Company Profile

(Get Free Report)

Knights Group Holdings plc provides legal and professional services in the United Kingdom. The company offers business services comprising of banking, commercial, corporate, data protection, debt advisory , dispute resolution, and housing and regeneration. It also offers services in the areas of immigration, licensing and gambling, and employment.