Kainos Group plc (LON:KNOS – Get Free Report)’s stock price crossed below its fifty day moving average during trading on Friday. The stock has a fifty day moving average of GBX 1,247.14 and traded as low as GBX 1,201. Kainos Group shares last traded at GBX 1,232, with a volume of 1,980,762 shares traded.
Wall Street Analyst Weigh In
Several research firms recently issued reports on KNOS. Deutsche Bank Aktiengesellschaft upped their price target on shares of Kainos Group from GBX 920 to GBX 1,260 and gave the company a “hold” rating in a report on Tuesday, August 18th. Canaccord Genuity Group raised their price objective on shares of Kainos Group from GBX 1,200 to GBX 1,315 and gave the stock a “buy” rating in a report on Wednesday, August 19th. Finally, Berenberg Bank boosted their target price on shares of Kainos Group from GBX 1,185 to GBX 1,330 and gave the stock a “buy” rating in a research report on Wednesday, August 19th. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Kainos Group presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,231.17.
Get Our Latest Analysis on Kainos Group
Kainos Group Trading Down 1.8%
The company has a debt-to-equity ratio of 6.11, a quick ratio of 1.59 and a current ratio of 1.17. The business has a fifty day simple moving average of GBX 1,247.14 and a 200 day simple moving average of GBX 938.21. The company has a market cap of £1.42 billion, a P/E ratio of 35.10, a P/E/G ratio of 2.15 and a beta of 0.87.
About Kainos Group
Kainos Group plc engages in the provision of digital technology services in the United Kingdom, Ireland, North America, Central Europe, and internationally. It operates through three segments: Digital Services, Workday Services, and Workday Products. The Digital Services segment develops and supports custom digital service platforms for transforming service delivery in public, commercial, and healthcare sectors. The Workday Services segment provides consulting, project management, integration, and post deployment services for Workday’s software suite, which includes cloud-based software for human capital management, and financial management, and adaptive planning.
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