Kinaxis Inc. (TSE:KXS - Get Free Report) Senior Officer David Peter Kelly sold 8,466 shares of the firm's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of C$196.76, for a total value of C$1,665,769.31.
Kinaxis Trading Up 0.6%
KXS stock traded up C$1.22 during trading on Friday, hitting C$198.11. The company had a trading volume of 44,724 shares, compared to its average volume of 87,430. Kinaxis Inc. has a 52-week low of C$132.93 and a 52-week high of C$201.44. The company has a 50 day simple moving average of C$184.16 and a 200-day simple moving average of C$174.39. The firm has a market capitalization of C$3.99 billion, a P/E ratio of 196.62, a PEG ratio of 3.60 and a beta of 0.78. The company has a quick ratio of 2.29, a current ratio of 1.89 and a debt-to-equity ratio of 12.12.
Wall Street Analysts Forecast Growth
Several research analysts have weighed in on the company. Stifel Nicolaus upped their price target on Kinaxis from C$195.00 to C$225.00 in a research note on Friday, May 9th. BMO Capital Markets raised their price objective on Kinaxis from C$190.00 to C$225.00 in a research report on Friday, May 9th. Atb Cap Markets downgraded Kinaxis from a "strong-buy" rating to a "hold" rating in a research report on Thursday, May 8th. CIBC lowered their price objective on shares of Kinaxis from C$175.00 to C$170.00 in a research report on Friday, February 28th. Finally, Royal Bank of Canada boosted their target price on Kinaxis from C$210.00 to C$225.00 in a research report on Friday, May 9th. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Kinaxis currently has a consensus rating of "Moderate Buy" and an average price target of C$205.00.
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Kinaxis Company Profile
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Kinaxis Inc provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. It offers RapidResponse, a cloud-based platform, which provides advanced planning, sales and operation planning, supply and demand planning, inventory management, and command and control center services.
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