kneat.com (TSE:KSI) Reaches New 12-Month High – Should You Buy?

kneat.com, inc. (TSE:KSI)’s stock price hit a new 52-week high on Thursday . The stock traded as high as C$6.47 and last traded at C$6.43, with a volume of 125278 shares changing hands. The stock had previously closed at C$6.23.

Wall Street Analyst Weigh In

Several research analysts have commented on KSI shares. Cibc World Mkts upgraded shares of kneat.com to a “strong-buy” rating in a research report on Tuesday, October 29th. CIBC set a C$6.00 price objective on kneat.com and gave the stock an “outperform” rating in a report on Tuesday, October 29th.

kneat.com Stock Up 3.2 %

The firm has a market cap of C$552.98 million, a price-to-earnings ratio of -40.19, a P/E/G ratio of 597.67 and a beta of 1.08. The company has a debt-to-equity ratio of 95.14, a current ratio of 1.47 and a quick ratio of 1.50. The firm’s fifty day moving average is C$5.69 and its two-hundred day moving average is C$5.01.

About kneat.com

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.