kneat.com (TSE:KSI) Upgraded to Strong-Buy at TD Securities

kneat.com (TSE:KSI) was upgraded by equities research analysts at TD Securities to a “strong-buy” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Separately, Stifel Nicolaus decreased their target price on shares of kneat.com from C$7.50 to C$6.50 and set a “buy” rating on the stock in a report on Wednesday, November 26th. One research analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. Based on data from MarketBeat.com, kneat.com has an average rating of “Buy” and a consensus target price of C$6.50.

kneat.com Stock Performance

TSE:KSI opened at C$4.27 on Wednesday. The company has a market cap of C$407.08 million, a price-to-earnings ratio of -213.50, a PEG ratio of 597.67 and a beta of 0.91. kneat.com has a fifty-two week low of C$4.01 and a fifty-two week high of C$7.25. The company has a debt-to-equity ratio of 85.50, a quick ratio of 1.50 and a current ratio of 1.43. The stock has a fifty day moving average price of C$4.71 and a 200-day moving average price of C$5.17.

kneat.com (TSE:KSI) last issued its quarterly earnings results on Wednesday, November 12th. The company reported C($0.01) EPS for the quarter. The company had revenue of C$16.11 million during the quarter. kneat.com had a negative return on equity of 29.61% and a negative net margin of 17.59%. As a group, equities analysts anticipate that kneat.com will post -0.12 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Dave O’reilly bought 6,654 shares of the company’s stock in a transaction dated Monday, November 17th. The stock was purchased at an average price of C$4.13 per share, with a total value of C$27,481.02. Following the completion of the acquisition, the insider owned 6,654 shares of the company’s stock, valued at C$27,481.02. The trade was a ∞ increase in their ownership of the stock. Insiders own 25.96% of the company’s stock.

kneat.com Company Profile

Kneat Solutions provides leading companies in highly regulated industries with unparalleled efficiency in validation and compliance through its digital validation platform Kneat Gx. As an industry leader in customer satisfaction, Kneat boasts an excellent record for implementation, powered by our user-friendly design, expert support, and on-demand training academy. Kneat Gx is an industry-leading digital validation platform that enables highly regulated companies to manage any validation discipline from end-to-end.