Kooth (LON:KOO) Trading Down 1.1%

Kooth plc (LON:KOO) shares were down 1.1% during trading on Wednesday . The company traded as low as GBX 262 ($3.26) and last traded at GBX 263 ($3.27). Approximately 6,594 shares were traded during trading, a decline of 83% from the average daily volume of 38,688 shares. The stock had previously closed at GBX 266 ($3.31).

Analyst Ratings Changes

Separately, Canaccord Genuity Group lifted their price objective on shares of Kooth from GBX 565 ($7.03) to GBX 580 ($7.22) and gave the stock a “buy” rating in a report on Wednesday, March 27th.

Kooth Trading Down 0.4 %

The company has a debt-to-equity ratio of 0.21, a current ratio of 1.86 and a quick ratio of 2.36. The company has a market cap of £95.58 million, a P/E ratio of -9,033.33 and a beta of 0.70. The stock’s 50-day moving average is GBX 273.65 and its two-hundred day moving average is GBX 292.23.

About Kooth

Kooth plc, together with its subsidiaries, provides digital mental health services to children, young people, and adults in the United Kingdom. It operates online platforms that offers various therapeutic support and interventions, including anonymous and personalised mental health support; and a community with a library of peer and professional created content, as well as provides online counselling, coaching, and support services under the Kooth, Qwell, and Soluna names.