kneat.com (TSE:KSI) Reaches New 12-Month High – What’s Next?

kneat.com, inc. (TSE:KSI) hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$6.18 and last traded at C$6.18, with a volume of 96647 shares traded. The stock had previously closed at C$6.03.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on KSI shares. CIBC set a C$6.00 target price on shares of kneat.com and gave the company an “outperform” rating in a report on Tuesday, October 29th. Cibc World Mkts raised shares of kneat.com to a “strong-buy” rating in a research note on Tuesday, October 29th.

kneat.com Price Performance

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 business’s 50-day moving average price is C$5.58 and its two-hundred day moving average price is C$4.95. The firm has a market cap of C$532.34 million, a price-to-earnings ratio of -38.69, a P/E/G 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.