Kooth (LON:KOO) Trading 0.1% Higher – Time to Buy?

Kooth plc (LON:KOO)’s stock price traded up 0.1% during trading on Thursday . The company traded as high as GBX 171.80 ($2.31) and last traded at GBX 168.11 ($2.26). 18,478 shares were traded during mid-day trading, a decline of 82% from the average session volume of 102,488 shares. The stock had previously closed at GBX 168 ($2.26).

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Berenberg Bank reissued a “buy” rating and issued a GBX 300 ($4.03) price target on shares of Kooth in a research report on Tuesday, April 15th. Canaccord Genuity Group dropped their target price on shares of Kooth from GBX 580 ($7.80) to GBX 490 ($6.59) and set a “buy” rating on the stock in a research report on Tuesday, April 15th.

Kooth Price Performance

The stock has a market cap of £63.13 million, a P/E ratio of 16.16 and a beta of 0.71. The company has a current ratio of 2.19, a quick ratio of 2.36 and a debt-to-equity ratio of 0.13. The company’s fifty day simple moving average is GBX 153.69 and its 200-day simple moving average is GBX 156.62.

Kooth (LON:KOO) last posted its earnings results on Tuesday, April 15th. The company reported GBX 22 ($0.30) earnings per share for the quarter. Kooth had a net margin of 7.89% and a return on equity of 18.59%. As a group, sell-side analysts forecast that Kooth plc will post 12.9798903 EPS for the current year.

Kooth Company Profile

At Kooth, our sole purpose is to create easy-to-access online mental health services that work alongside you to provide compassionate and effective support.