Kinovo (LON:KINO) Shares Down 3% - Time to Sell?

Key Points

• Kinovo plc's shares fell 3% to GBX 1,150 ($15.55) on Tuesday, with trading volume dropping significantly to 6,600 shares, a 96% decline from the average volume.
• The company reported a current ratio of 0.71 and a quick ratio of 0.53, indicating potential liquidity issues.
• Kinovo operates in the UK, providing gas heating, electrical, and general building services to various sectors including housing associations and public authorities.

Shares of Kinovo plc (LON:KINO - ) fell 3% on Tuesday . The company traded as low as GBX 1,150 ($15.55) and last traded at GBX 1,150 ($15.55). 6,600 shares traded hands during trading, a decline of 96% from the average session volume of 169,923 shares. The stock had previously closed at GBX 1,185 ($16.03).

Kinovo Price Performance

The business has a fifty day simple moving average of GBX 1,120.50 and a two-hundred day simple moving average of GBX 498.41. The company has a current ratio of 0.71, a quick ratio of 0.53 and a debt-to-equity ratio of -118.96. The stock has a market cap of £728.65 million, a PE ratio of -605,263.16 and a beta of 1.04.

Kinovo Company Profile

Kinovo plc, through its subsidiaries, provides gas heating, electrical, and general building services to housing associations and local authorities, public buildings, industrial and commercial, and education and private sectors in the United Kingdom. The company operates through Mechanical Services, Building Services, and Electrical Services segments.

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