Knights Group (LON:KGH) Shares Down 0.3% – Here’s Why

Knights Group Holdings plc (LON:KGH) traded down 0.3% on Monday . The company traded as low as GBX 175 and last traded at GBX 175. Approximately 137,100 shares changed hands during mid-day trading, a decline of 32% from the average session volume of 203,101 shares. The stock had previously closed at GBX 175.50.

Analyst Ratings Changes

Several research analysts have commented on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 210 target price on shares of Knights Group in a report on Thursday, May 21st. Canaccord Genuity Group restated a “buy” rating and set a GBX 355 price objective on shares of Knights Group in a research report on Monday, June 29th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a GBX 220 price objective on shares of Knights Group in a research note on Wednesday, May 20th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 261.67.

Knights Group Price Performance

The firm has a market cap of £150.44 million, a P/E ratio of 138.89 and a beta of 1.47. The company has a quick ratio of 2.10, a current ratio of 2.26 and a debt-to-equity ratio of 116.67. The business’s 50 day moving average is GBX 185.93 and its two-hundred day moving average is GBX 177.09.

Knights Group (LON:KGH) last issued its quarterly earnings results on Monday, July 6th. The company reported GBX 28.14 EPS for the quarter. Knights Group had a net margin of 2.28% and a return on equity of 4.58%. As a group, analysts anticipate that Knights Group Holdings plc will post 22.0875439 earnings per share for the current year.

Knights Group Company Profile

Knights Group Holdings plc provides legal and professional services in the United Kingdom. The company offers business services comprising of banking, commercial, corporate, data protection, debt advisory , dispute resolution, and housing and regeneration. It also offers services in the areas of immigration, licensing and gambling, and employment. In addition, the company provides personal services in the areas of agriculture, charities, conveyancing, family, landed estates, planning, professional discipline, tax and trusts, and wills and estates.