Shares of Knights Group Holdings plc (LON:KGH - Get Free Report) dropped 12.8% on Tuesday . The stock traded as low as GBX 166.50 ($2.23) and last traded at GBX 166.50 ($2.23). Approximately 279,530 shares traded hands during trading, an increase of 42% from the average daily volume of 196,372 shares. The stock had previously closed at GBX 191 ($2.56).
Analysts Set New Price Targets
Separately, Shore Capital restated a "buy" rating on shares of Knights Group in a research note on Tuesday, May 6th.
Read Our Latest Research Report on KGH
Knights Group Trading Up 7.5%
The company has a market cap of £153.07 million, a P/E ratio of 15.55 and a beta of 1.12. The company has a quick ratio of 2.10, a current ratio of 2.58 and a debt-to-equity ratio of 80.98. The firm's 50-day moving average price is GBX 171.35 and its 200-day moving average price is GBX 143.02.
About Knights Group
(
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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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