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

kneat.com, inc. (TSE:KSI) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$3.81 and last traded at C$3.83, with a volume of 82663 shares trading hands. The stock had previously closed at C$3.85.

Analyst Upgrades and Downgrades

KSI has been the topic of several recent analyst reports. Stifel Nicolaus lowered their target price on shares of kneat.com from C$7.50 to C$6.50 and set a “buy” rating on the stock in a research note on Wednesday, November 26th. Raymond James Financial cut their price target on shares of kneat.com from C$7.00 to C$5.50 and set an “outperform” rating for the company in a report on Thursday, February 26th. Finally, TD Securities upgraded shares of kneat.com to a “strong-buy” rating in a research report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of C$6.00.

kneat.com Price Performance

The company has a debt-to-equity ratio of 53.89, a current ratio of 1.82 and a quick ratio of 1.50. The stock has a 50 day simple moving average of C$4.51 and a two-hundred day simple moving average of C$4.94. The company has a market cap of C$364.18 million, a price-to-earnings ratio of -191.00, a price-to-earnings-growth ratio of 597.67 and a beta of 0.91.

kneat.com (TSE:KSI) last posted its quarterly earnings results on Wednesday, February 25th. The company reported C($0.03) EPS for the quarter. kneat.com had a negative return on equity of 3.55% and a negative net margin of 3.71%.The company had revenue of C$17.00 million for the quarter. On average, equities research analysts predict that kneat.com, inc. will post -0.12 earnings per share for the current fiscal year.

kneat.com Company Profile

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.