Kooth (LON:KOO) Stock Price Up 1% – Here’s Why

Kooth plc (LON:KOO)’s share price was up 1% on Tuesday . The stock traded as high as GBX 157.98 and last traded at GBX 156.50. Approximately 117,381 shares traded hands during mid-day trading, an increase of 18% from the average daily volume of 99,457 shares. The stock had previously closed at GBX 155.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on KOO. Stifel Nicolaus reissued a “buy” rating and issued a GBX 360 price objective on shares of Kooth in a report on Tuesday, April 21st. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 330 target price on shares of Kooth in a report on Wednesday, April 8th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of GBX 330.

Kooth Price Performance

The firm has a market capitalization of £56.76 million, a price-to-earnings ratio of 22.36 and a beta of 1.30. The firm’s 50-day simple moving average is GBX 151.43 and its 200 day simple moving average is GBX 129.78.

Kooth (LON:KOO) last released its earnings results on Wednesday, April 8th. The company reported GBX 0.07 earnings per share for the quarter. The firm had revenue of GBX 6,329 million during the quarter. Kooth had a return on equity of 8.84% and a net margin of 4.12%. As a group, research analysts predict that Kooth plc will post 12.9798903 earnings per share for the current year.

Kooth Company Profile

At Kooth, our sole purpose is to create easy-to-access online mental health services that work alongside you to provide compassionate and effective support.