Kinaxis (OTCMKTS:KXSCF) Sets New 52-Week Low – Should You Sell?

Kinaxis Inc. (OTCMKTS:KXSCF)’s share price reached a new 52-week low on Monday . The stock traded as low as $86.95 and last traded at $86.95, with a volume of 350 shares changing hands. The stock had previously closed at $90.15.

Analyst Ratings Changes

A number of research firms have recently commented on KXSCF. Scotiabank restated an “outperform” rating on shares of Kinaxis in a research note on Wednesday, February 4th. Canadian Imperial Bank of Commerce upgraded shares of Kinaxis from a “neutral” rating to an “outperform” rating in a research note on Sunday, December 14th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy”.

Kinaxis Stock Performance

The business’s 50 day simple moving average is $111.98 and its two-hundred day simple moving average is $124.19.

Kinaxis Company Profile

Kinaxis Inc provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. It offers RapidResponse, a cloud-based platform, which provides advanced planning, sales and operation planning, supply and demand planning, inventory management, and command and control center services. The company also provides strategic services, such as digital business transformation, advanced analytics, and digital innovation and acceleration services; implementation, including agile implementation methodology, RapidStart, sustainment, and rollout services; and continuous learning services consisting of Kinaxis learning center, custom learning programs, and certification, as well as support services.