Kinaxis Inc. (TSE:KXS - Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$174.81 and traded as high as C$198.84. Kinaxis shares last traded at C$196.65, with a volume of 50,020 shares traded.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on the stock. Atb Cap Markets downgraded shares of Kinaxis from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 8th. ATB Capital downgraded shares of Kinaxis from an "outperform" rating to a "sector perform" rating and set a C$210.00 price target on the stock. in a research note on Friday, May 9th. BMO Capital Markets upped their price target on shares of Kinaxis from C$190.00 to C$225.00 in a research note on Friday, May 9th. Stifel Nicolaus upped their price target on shares of Kinaxis from C$195.00 to C$225.00 in a research note on Friday, May 9th. Finally, CIBC dropped their price target on shares of Kinaxis from C$175.00 to C$170.00 in a research note on Friday, February 28th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of C$205.00.
View Our Latest Analysis on Kinaxis
Kinaxis Price Performance
The stock has a market capitalization of C$3.96 billion, a P/E ratio of 195.39, a PEG ratio of 3.60 and a beta of 0.78. The stock's fifty day moving average is C$177.10 and its 200-day moving average is C$172.64. The company has a debt-to-equity ratio of 12.12, a current ratio of 1.89 and a quick ratio of 2.29.
Insider Buying and Selling
In other Kinaxis news, Senior Officer Stefanie Ann Gordish sold 215 shares of the company's stock in a transaction dated Monday, May 12th. The shares were sold at an average price of C$194.79, for a total transaction of C$41,879.51. Also, Senior Officer Conrad John Mandala sold 516 shares of the stock in a transaction dated Tuesday, May 13th. The shares were sold at an average price of C$197.23, for a total transaction of C$101,771.25. Over the last three months, insiders sold 66,907 shares of company stock worth $12,755,673. Corporate insiders own 1.20% of the company's stock.
About Kinaxis
(
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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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