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Kinovo (LON:KINO) Trading Up 0.7% - Here's Why

Kinovo logo with Industrials background

Kinovo plc (LON:KINO - Get Free Report)'s stock price shot up 0.7% during mid-day trading on Monday . The company traded as high as GBX 86 ($1.16) and last traded at GBX 86 ($1.16). 474,479 shares were traded during trading, an increase of 204% from the average session volume of 156,095 shares. The stock had previously closed at GBX 85.40 ($1.15).

Kinovo Stock Performance

The business has a fifty day simple moving average of GBX 67.40 and a two-hundred day simple moving average of GBX 64.44. The company has a quick ratio of 0.53, a current ratio of 0.71 and a debt-to-equity ratio of -118.96. The company has a market cap of £51.43 million, a P/E ratio of -83.65 and a beta of 1.04.

About Kinovo

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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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