Kooth (LON:KOO) Shares Up 1.1% – What’s Next?

Kooth plc (LON:KOO)’s stock price rose 1.1% during trading on Wednesday . The company traded as high as GBX 117 and last traded at GBX 116.25. Approximately 4,710 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 87,185 shares. The stock had previously closed at GBX 115.

Analyst Upgrades and Downgrades

KOO has been the subject of a number of research analyst reports. Berenberg Bank increased their price target on Kooth from GBX 260 to GBX 300 and gave the stock a “buy” rating in a report on Tuesday, September 23rd. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 430 target price on shares of Kooth in a research report on Wednesday, November 19th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of GBX 365.

Kooth Stock Up 1.1%

The business has a 50 day simple moving average of GBX 123.76 and a 200 day simple moving average of GBX 148.24. The company has a market capitalization of £41.88 million, a price-to-earnings ratio of 14.53 and a beta of 0.71. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.19 and a quick ratio of 2.36.

Kooth Company Profile

At Kooth, our sole purpose is to create easy-to-access online mental health services that work alongside you to provide compassionate and effective support.