Kinaxis (OTCMKTS:KXSCF) Trading at $125.63

Kinaxis Inc. (OTCMKTS:KXSCF)’s stock price traded up 0% during mid-day trading on Thursday. The company traded as high as $125.6290 and last traded at $125.6290. 11,137 shares were traded during mid-day trading, an increase of 62% from the average daily volume of 6,895 shares. The stock had previously closed at $125.6240.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Kinaxis in a report on Monday, July 20th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Kinaxis in a report on Tuesday, August 4th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Kinaxis Trading Up 0.0%

The company’s 50-day moving average is $123.96 and its 200-day moving average is $112.61. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.88 and a current ratio of 1.88. The firm has a market cap of $3.42 billion and a price-to-earnings ratio of 50.66.

About Kinaxis

Kinaxis Inc is a Canadian supply chain management software company that provides cloud-based solutions for planning, monitoring and orchestrating complex supply chain operations. Its platform is designed to help organizations improve visibility, coordinate activities across suppliers and production networks, and respond more quickly to changes in demand, supply and other operating conditions.

The company’s primary offering, Kinaxis Maestro, formerly known as RapidResponse, supports concurrent planning across areas such as demand and supply planning, inventory management, production, sales and operations planning, and supply chain control-tower operations.