Kinovo (LON:KINO) Trading 0.5% Higher - Should You Buy?

Key Points

• Kinovo plc shares rose 0.5% to GBX 1,100 ($14.79) during mid-day trading, despite a sharp decline in trading volume of 91% compared to the average daily volume.
• The company has a market capitalization of £665.54 million, a negative P/E ratio of -1,082.50, and a notably high debt-to-equity ratio of -118.96.
• Kinovo provides a range of services including gas heating, electrical, and general building services primarily to housing associations and local authorities in the UK.

Shares of Kinovo plc (LON:KINO - Get Free Report) were up 0.5% on Friday . The company traded as high as GBX 1,100 ($14.78) and last traded at GBX 1,100 ($14.78). Approximately 15,200 shares were traded during trading, a decline of 91% from the average daily volume of 169,923 shares. The stock had previously closed at GBX 1,095 ($14.71).

Kinovo Stock Performance

The business has a 50-day moving average of GBX 628.57 and a two-hundred day moving average of GBX 261.59. The company has a market cap of £665.54 million, a P/E ratio of -1,082.50 and a beta of 1.04. The company has a debt-to-equity ratio of -118.96, a current ratio of 0.71 and a quick ratio of 0.53.

About Kinovo

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.