Kainos Group (LON:KNOS) Sets New 1-Year Low – Time to Sell?

Kainos Group plc (LON:KNOS)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as GBX 584 ($7.53) and last traded at GBX 589 ($7.59), with a volume of 82632 shares trading hands. The stock had previously closed at GBX 620 ($7.99).

Analyst Upgrades and Downgrades

A number of research firms have weighed in on KNOS. Shore Capital restated a “buy” rating on shares of Kainos Group in a research note on Friday, February 7th. Canaccord Genuity Group reissued a “speculative buy” rating and set a GBX 1,000 ($12.89) target price on shares of Kainos Group in a research report on Friday, March 14th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Kainos Group has an average rating of “Moderate Buy” and a consensus target price of GBX 1,150 ($14.82).

Kainos Group Stock Down 4.5 %

The firm’s 50 day simple moving average is GBX 738.58 and its 200-day simple moving average is GBX 787.73. The company has a market cap of £747.57 million, a price-to-earnings ratio of 15.51, a P/E/G ratio of 2.15 and a beta of 0.79. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.59.

Kainos Group Company Profile

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.