Knights Group (LON:KGH) Stock Price Down 2.5% – Should You Sell?

Knights Group Holdings plc (LON:KGH)’s share price fell 2.5% during trading on Monday . The stock traded as low as GBX 193 and last traded at GBX 193. 78,240 shares changed hands during mid-day trading, a decline of 79% from the average session volume of 380,542 shares. The stock had previously closed at GBX 198.

Analyst Ratings Changes

Separately, Canaccord Genuity Group assumed coverage on Knights Group in a report on Monday, January 12th. They set a “buy” rating and a GBX 345 price target on the stock. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of GBX 345.

Knights Group Trading Down 2.5%

The stock has a market cap of £165.92 million, a P/E ratio of 22.89 and a beta of 1.12. The company has a debt-to-equity ratio of 80.98, a quick ratio of 2.10 and a current ratio of 2.58. The firm’s fifty day simple moving average is GBX 175.60 and its 200-day simple moving average is GBX 177.06.

Knights Group (LON:KGH) last posted its quarterly earnings data on Monday, January 12th. The company reported GBX 14.09 earnings per share for the quarter. Knights Group had a net margin of 6.82% and a return on equity of 10.03%. Equities research analysts expect that Knights Group Holdings plc will post 22.0875439 EPS for the current fiscal year.

About Knights Group

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.