Canaccord Genuity Group Reiterates Buy Rating for Kinovo (LON:KINO)

Kinovo (LON:KINO)‘s stock had its “buy” rating reiterated by research analysts at Canaccord Genuity Group in a report issued on Monday, Digital Look reports. They presently have a GBX 95 ($1.24) target price on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 34.85% from the stock’s previous close.

Kinovo Trading Up 3.6 %

LON KINO opened at GBX 70.45 ($0.92) on Monday. The company has a market cap of £44.59 million, a price-to-earnings ratio of 880.63 and a beta of 1.04. Kinovo has a 52 week low of GBX 25 ($0.33) and a 52 week high of GBX 79 ($1.03). The business has a 50 day moving average price of GBX 69.82 and a 200-day moving average price of GBX 57.56. The company has a quick ratio of 0.53, a current ratio of 0.71 and a debt-to-equity ratio of 95.17.

About Kinovo

Kinovo plc, through its subsidiaries, provides gas heating, electrical, and general building services to housing associations and local authorities, public buildings, industrial and commercial, and education and private sectors in the United Kingdom. The company operates through Mechanical Services, Building Services, and Electrical Services segments.