Knights Group (LON:KGH) Shares Down 0.8% - Should You Sell?

Key Points

• Knights Group's stock price fell by 0.8% to GBX 178.50 ($2.41), which is significantly below its average trading volume.
• Despite the recent decline, Shore Capital maintains a "buy" rating on the stock, with an overall average rating of "buy" from analysts.
• The company's market capitalization is £152.64 million, with key financial metrics including a price-to-earnings ratio of 15.51 and a relatively high debt-to-equity ratio of 80.98.

Knights Group Holdings plc (LON:KGH - Get Free Report)'s share price fell 0.8% during mid-day trading on Thursday . The stock traded as low as GBX 175 ($2.35) and last traded at GBX 178.50 ($2.40). 34,868 shares traded hands during trading, a decline of 81% from the average session volume of 184,278 shares. The stock had previously closed at GBX 180 ($2.42).

Analysts Set New Price Targets

Separately, Shore Capital restated a "buy" rating on shares of Knights Group in a report on Tuesday, May 6th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, Knights Group currently has an average rating of "Buy".

Knights Group Trading Down 2.8%

The company has a market cap of £156.40 million, a price-to-earnings ratio of 1,423.88 and a beta of 1.12. The company has a current ratio of 2.58, a quick ratio of 2.10 and a debt-to-equity ratio of 80.98. The firm's 50-day moving average price is GBX 177.84 and its 200 day moving average price is GBX 156.46.

About Knights Group

Knights Group Holdings plc provides legal and professional services in the United Kingdom. The company offers business services comprising of banking, commercial, corporate, data protection, debt advisory , dispute resolution, and housing and regeneration. It also offers services in the areas of immigration, licensing and gambling, and employment.