Knights Group (LON:KGH) Trading 2.7% Higher – Time to Buy?

Knights Group Holdings plc (LON:KGH) rose 2.7% on Friday . The company traded as high as GBX 167.35 and last traded at GBX 167.35. Approximately 77,385 shares traded hands during trading, a decline of 69% from the average daily volume of 245,675 shares. The stock had previously closed at GBX 163.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group started coverage on Knights Group in a report on Monday, January 12th. They issued a “buy” rating and a GBX 345 target price for the company. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 345.

Knights Group Trading Up 2.7%

The company has a market capitalization of £143.87 million, a PE ratio of 132.82 and a beta of 1.67. The company’s fifty day moving average is GBX 179.12 and its 200-day moving average is GBX 177.14. The company has a debt-to-equity ratio of 136.39, a current ratio of 2.53 and a quick ratio of 2.10.

Knights Group (LON:KGH) last posted its earnings results on Monday, January 12th. The company reported GBX 14.09 earnings per share for the quarter. Knights Group had a return on equity of 1.15% and a net margin of 0.65%. On average, analysts anticipate 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.