Kinaxis (KXSCF) Projected to Post Earnings on Wednesday

Kinaxis (OTCMKTS:KXSCF) is anticipated to post its resultson Wednesday, August 5th. Analysts expect the company to post earnings of $0.97 per share and revenue of $153.3990 million for the quarter.

Kinaxis Stock Performance

Kinaxis stock traded up $7.26 during mid-day trading on Wednesday, hitting $118.53. 128 shares of the company’s stock traded hands, compared to its average volume of 11,802. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.72 and a quick ratio of 1.72. The firm has a 50 day simple moving average of $110.22 and a two-hundred day simple moving average of $104.88. Kinaxis has a fifty-two week low of $84.70 and a fifty-two week high of $158.91. The stock has a market cap of $3.23 billion and a price-to-earnings ratio of 68.91.

Analyst Ratings Changes

KXSCF has been the topic of several research analyst reports. BMO Capital Markets reissued an “outperform” rating on shares of Kinaxis in a research report on Friday, May 8th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Kinaxis in a research note on Friday, May 8th. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of Kinaxis in a report on Monday, July 20th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

About Kinaxis

Kinaxis Inc provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. It offers RapidResponse, a cloud-based platform, which provides advanced planning, sales and operation planning, supply and demand planning, inventory management, and command and control center services. The company also provides strategic services, such as digital business transformation, advanced analytics, and digital innovation and acceleration services; implementation, including agile implementation methodology, RapidStart, sustainment, and rollout services; and continuous learning services consisting of Kinaxis learning center, custom learning programs, and certification, as well as support services.