Kainos Group plc (LON:KNOS - Get Free Report)'s stock price was up 20.1% during trading on Monday . The company traded as high as GBX 856.50 ($11.57) and last traded at GBX 849.08 ($11.47). Approximately 3,013,872 shares changed hands during mid-day trading, an increase of 696% from the average daily volume of 378,541 shares. The stock had previously closed at GBX 707 ($9.55).
Wall Street Analysts Forecast Growth
KNOS has been the subject of a number of analyst reports. Shore Capital restated a "buy" rating and issued a GBX 1,070 price objective on shares of Kainos Group in a research note on Monday. Canaccord Genuity Group reiterated a "speculative buy" rating and issued a GBX 1,000 target price on shares of Kainos Group in a report on Monday. Four analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of GBX 1,070.
Get Our Latest Report on KNOS
Kainos Group Stock Performance
The firm's fifty day moving average price is GBX 719.04 and its 200-day moving average price is GBX 719.97. The company has a market cap of £1.02 billion, a P/E ratio of 3,000.00, a P/E/G ratio of 2.15 and a beta of 0.79. The company has a current ratio of 1.81, a quick ratio of 1.59 and a debt-to-equity ratio of 3.76.
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.
Further Reading
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