Kainos Group PLC (LON:KNOS) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 804 ($10.58) and last traded at GBX 804 ($10.58), with a volume of 146477 shares changing hands. The stock had previously closed at GBX 796 ($10.47).
A number of equities analysts recently issued reports on the company. Shore Capital restated a “buy” rating on shares of Kainos Group in a report on Monday, November 11th. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 620 ($8.16) target price on shares of Kainos Group in a research report on Monday, November 11th.
The company has a current ratio of 2.23, a quick ratio of 2.17 and a debt-to-equity ratio of 7.46. The stock has a 50-day simple moving average of GBX 705.16 and a two-hundred day simple moving average of GBX 572.64. The firm has a market capitalization of $979.39 million and a P/E ratio of 50.67.
The company also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Thursday, November 28th were given a dividend of GBX 3.50 ($0.05) per share. This represents a yield of 0.65%. The ex-dividend date of this dividend was Thursday, November 28th. Kainos Group’s dividend payout ratio (DPR) is presently 0.43%.
In other Kainos Group news, insider Richard McCann sold 1,500,000 shares of Kainos Group stock in a transaction on Friday, November 29th. The stock was sold at an average price of GBX 580 ($7.63), for a total transaction of £8,700,000 ($11,444,356.75).
About Kainos Group (LON:KNOS)
Kainos Group plc provides digital technology services and platforms for public and private organizations worldwide. The company operates through two divisions, Digital Services and Digital Platforms. The Digital Services division delivers customized online digital solutions, principally for central, regional, and local government departments and agencies, as well as for commercial sector organizations.
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