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Knights Group (LON:KGH) Shares Down 12.8% - Here's What Happened

Knights Group logo with Industrials background

Knights Group Holdings plc (LON:KGH - Get Free Report)'s share price traded down 12.8% during mid-day trading on Tuesday . The stock traded as low as GBX 166.50 ($2.23) and last traded at GBX 166.50 ($2.23). 279,530 shares changed hands during trading, an increase of 42% from the average session volume of 196,372 shares. The stock had previously closed at GBX 191 ($2.56).

Analysts Set New Price Targets

Separately, Shore Capital reiterated a "buy" rating on shares of Knights Group in a report on Tuesday, May 6th.

Get Our Latest Stock Report on KGH

Knights Group Price Performance

The company has a debt-to-equity ratio of 80.98, a quick ratio of 2.10 and a current ratio of 2.58. The company has a 50-day simple moving average of GBX 171.82 and a two-hundred day simple moving average of GBX 144.02. The stock has a market cap of £137.25 million, a price-to-earnings ratio of 13.94 and a beta of 1.12.

About Knights Group

(Get Free Report)

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.

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