kneat.com (TSE:KSI) Sets New 1-Year Low – Should You Sell?

kneat.com, inc. (TSE:KSI)’s share price hit a new 52-week low on Thursday . The company traded as low as C$3.92 and last traded at C$4.16, with a volume of 283041 shares changing hands. The stock had previously closed at C$4.21.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on KSI. Stifel Nicolaus cut their price objective on shares of kneat.com from C$7.50 to C$6.50 and set a “buy” rating for the company in a research report on Wednesday, November 26th. TD Securities raised kneat.com to a “strong-buy” rating in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of C$6.50.

kneat.com Stock Down 1.2%

The company has a market capitalization of C$396.60 million, a price-to-earnings ratio of -208.00, a P/E/G ratio of 597.67 and a beta of 0.91. The business has a fifty day simple moving average of C$4.58 and a two-hundred day simple moving average of C$5.00. The company has a quick ratio of 1.50, a current ratio of 1.43 and a debt-to-equity ratio of 85.50.

kneat.com (TSE:KSI) last posted its earnings results on Wednesday, February 25th. The company reported C($0.03) EPS for the quarter. The company had revenue of C$17.00 million for the quarter. kneat.com had a negative return on equity of 29.61% and a negative net margin of 17.59%. Equities analysts expect that kneat.com, inc. will post -0.12 EPS for the current year.

About kneat.com

Kneat Solutions provides leading companies in highly regulated industries with unparalleled efficiency in validation and compliance through its digital validation platform Kneat Gx. As an industry leader in customer satisfaction, Kneat boasts an excellent record for implementation, powered by our user-friendly design, expert support, and on-demand training academy. Kneat Gx is an industry-leading digital validation platform that enables highly regulated companies to manage any validation discipline from end-to-end.