Knights Group (LON:KGH) Stock Price Down 1.1% – Here’s What Happened

Knights Group Holdings plc (LON:KGH)’s stock price was down 1.1% during mid-day trading on Thursday . The company traded as low as GBX 185 and last traded at GBX 185. Approximately 1,835,335 shares changed hands during trading, an increase of 733% from the average daily volume of 220,285 shares. The stock had previously closed at GBX 187.

Analyst Ratings Changes

A number of analysts recently issued reports on KGH shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 210 price objective on shares of Knights Group in a research note on Thursday, May 21st. Stifel Nicolaus reiterated a “buy” rating and set a GBX 220 price objective on shares of Knights Group in a research note on Wednesday, May 20th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Knights Group currently has a consensus rating of “Buy” and a consensus target price of GBX 258.33.

Knights Group Stock Performance

The company has a debt-to-equity ratio of 136.39, a quick ratio of 2.10 and a current ratio of 2.53. The company has a market capitalization of £155.60 million, a P/E ratio of 143.65 and a beta of 1.46. The business has a 50 day moving average of GBX 172.92 and a 200-day moving average of GBX 173.26.

Knights Group Company Profile

Knights Group Holdings plc provides legal and professional services in the United Kingdom. The company offers business services comprising of banking, commercial, corporate, data protection, debt advisory , dispute resolution, and housing and regeneration. It also offers services in the areas of immigration, licensing and gambling, and employment. In addition, the company provides personal services in the areas of agriculture, charities, conveyancing, family, landed estates, planning, professional discipline, tax and trusts, and wills and estates.