Kinaxis (OTCMKTS:KXSCF) Shares Gap Up – What’s Next?

Kinaxis Inc. (OTCMKTS:KXSCFGet Free Report)’s share price gapped up before the market opened on Friday . The stock had previously closed at $120.97, but opened at $127.61. Kinaxis shares last traded at $127.61, with a volume of 80 shares changing hands.

Wall Street Analyst Weigh In

Separately, CIBC upgraded Kinaxis from a “neutral” rating to an “outperform” rating in a research note on Sunday, December 14th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Read Our Latest Research Report on Kinaxis

Kinaxis Stock Up 0.4%

The company has a fifty day moving average of $125.28 and a two-hundred day moving average of $133.84.

About Kinaxis

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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.

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