kneat.com (TSE:KSI) Sets New 52-Week Low – Time to Sell?

kneat.com, inc. (TSE:KSI)’s share price hit a new 52-week low during trading on Friday . The company traded as low as C$4.80 and last traded at C$4.85, with a volume of 60913 shares. The stock had previously closed at C$5.11.

Wall Street Analyst Weigh In

Separately, Raymond James Financial cut their target price on kneat.com from C$7.50 to C$7.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 6th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of C$7.00.

kneat.com Price Performance

The stock has a 50 day moving average of C$5.58 and a 200-day moving average of C$5.91. The company has a current ratio of 1.43, a quick ratio of 1.50 and a debt-to-equity ratio of 85.50. The stock has a market capitalization of C$468.44 million, a P/E ratio of 493.00, a price-to-earnings-growth ratio of 597.67 and a beta of 1.17.

kneat.com Company Profile

kneat.com Inc is in the business of developing and marketing a software application for modelling regulated data-intensive processes for regulated industries, focusing on the life sciences industry. The company has developed Kneat Gx solution which provides management real-time visibility and control and increases product, quality, and compliance.