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

kneat.com, inc. (TSE:KSI)’s share price reached a new 52-week high on Friday . The company traded as high as C$6.18 and last traded at C$6.18, with a volume of 96647 shares. The stock had previously closed at C$6.03.

Wall Street Analysts Forecast Growth

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

kneat.com Stock Performance

The company’s 50-day moving average is C$5.61 and its two-hundred day moving average is C$4.97. The company has a market capitalization of C$538.36 million, a P/E ratio of -39.13, a PEG ratio of 597.67 and a beta of 1.08. The company has a quick ratio of 1.50, a current ratio of 1.47 and a debt-to-equity ratio of 95.14.

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.