Kainos Group plc (LON:KNOS - Get Free Report) shares passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 832.19 and traded as high as GBX 979. Kainos Group shares last traded at GBX 972.78, with a volume of 159,485 shares changing hands.
Analyst Upgrades and Downgrades
A number of research firms have commented on KNOS. Stifel Nicolaus reaffirmed a "buy" rating and set a GBX 1,282 price objective on shares of Kainos Group in a research report on Tuesday, April 21st. Shore Capital Group reissued a "buy" rating on shares of Kainos Group in a research report on Monday, April 20th. Berenberg Bank restated a "buy" rating and set a GBX 1,185 target price on shares of Kainos Group in a research note on Tuesday, May 19th. Finally, Canaccord Genuity Group lifted their target price on shares of Kainos Group from GBX 1,150 to GBX 1,200 and gave the stock a "buy" rating in a report on Tuesday, May 19th. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of GBX 1,173.40.
Get Our Latest Stock Analysis on KNOS
Kainos Group Price Performance
The company's fifty day moving average price is GBX 832.19 and its 200 day moving average price is GBX 807.25. The company has a market capitalization of £1.12 billion, a P/E ratio of 27.71, a PEG ratio of 2.15 and a beta of 0.83. The company has a quick ratio of 1.59, a current ratio of 1.17 and a debt-to-equity ratio of 6.11.
Kainos Group (LON:KNOS - Get Free Report) last released its earnings results on Monday, May 18th. The company reported GBX 41.60 earnings per share for the quarter. Kainos Group had a return on equity of 41.45% and a net margin of 9.86%.The firm had revenue of £431.10 million during the quarter. As a group, sell-side analysts forecast that Kainos Group plc will post 48.0997625 EPS for the current year.
Insider Transactions at Kainos Group
In other Kainos Group news, insider Richard McCann sold 760,911 shares of the business's stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of GBX 779, for a total transaction of £5,927,496.69. 19.72% of the stock is owned by company insiders.
About Kainos Group
(
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Kainos Group plc engages in the provision of digital technology services in the United Kingdom, Ireland, North America, Central Europe, and internationally. It operates through three segments: Digital Services, Workday Services, and Workday Products. The Digital Services segment develops and supports custom digital service platforms for transforming service delivery in public, commercial, and healthcare sectors. The Workday Services segment provides consulting, project management, integration, and post deployment services for Workday's software suite, which includes cloud-based software for human capital management, and financial management, and adaptive planning.
Further Reading
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