kneat.com (TSE:KSI) Sets New 52-Week High – Time to Buy?

kneat.com, inc. (TSE:KSI) shares reached a new 52-week high on Monday . The stock traded as high as C$6.09 and last traded at C$6.08, with a volume of 24757 shares. The stock had previously closed at C$5.93.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. CIBC set a C$6.00 price target on shares of kneat.com and gave the stock an “outperform” rating in a research report on Tuesday, October 29th. Cibc World Mkts upgraded kneat.com to a “strong-buy” rating in a research report on Tuesday, October 29th.

kneat.com Stock Down 1.0 %

The stock’s fifty day simple moving average is C$5.29 and its two-hundred day simple moving average is C$4.82. The company has a debt-to-equity ratio of 95.14, a current ratio of 1.47 and a quick ratio of 1.50. The company has a market capitalization of C$516.86 million, a price-to-earnings ratio of -37.56, a PEG ratio of 597.67 and a beta of 1.08.

About kneat.com

kneat.com, inc., together with its subsidiaries, designs, develops, and supplies software for data and document management within regulated environments in North America, Europe, and the Asia Pacific. The company offers the Kneat Gx platform, a configurable off-the-shelf application focused on validation lifecycle management and testing for biotechnology, pharmaceutical, and medical device manufacturing industries.