kneat.com (TSE:KSI) Sets New 52-Week High – Here’s What Happened

kneat.com, inc. (TSE:KSI)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$7.00 and last traded at C$7.00, with a volume of 3336 shares traded. The stock had previously closed at C$6.96.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on KSI shares. CIBC set a C$6.00 target price on shares of kneat.com and gave the company an “outperform” rating in a report on Tuesday, October 29th. Cibc World Mkts raised kneat.com to a “strong-buy” rating in a research report on Tuesday, October 29th.

kneat.com Stock Down 1.0 %

The company has a market capitalization of C$592.54 million, a price-to-earnings ratio of -43.06, a P/E/G ratio of 597.67 and a beta of 1.08. The company has a quick ratio of 1.50, a current ratio of 1.47 and a debt-to-equity ratio of 95.14. The firm has a 50 day moving average price of C$6.16 and a two-hundred day moving average price of C$5.29.

kneat.com Company Profile

kneat.com, inc., together with its subsidiaries, designs, develops, and supplies software for data and document management within regulated environments in North America, Europe, and the Asia Pacific. The company offers the Kneat Gx platform, a configurable off-the-shelf application focused on validation lifecycle management and testing for biotechnology, pharmaceutical, and medical device manufacturing industries.