Kooth (LON:KOO) Trading 17.1% Higher - What's Next?

Shares of Kooth plc (LON:KOO - Get Free Report) shot up 17.1% during trading on Tuesday . The stock traded as high as GBX 158 ($2.10) and last traded at GBX 153.45 ($2.04). 137,748 shares were traded during mid-day trading, an increase of 38% from the average session volume of 99,726 shares. The stock had previously closed at GBX 131 ($1.74).

Wall Street Analysts Forecast Growth

Several research firms have issued reports on KOO. Berenberg Bank reissued a "buy" rating and issued a GBX 300 ($3.99) price objective on shares of Kooth in a research report on Tuesday, April 15th. Canaccord Genuity Group reduced their price objective on Kooth from GBX 580 ($7.71) to GBX 490 ($6.52) and set a "buy" rating on the stock in a report on Tuesday, April 15th.

Kooth Trading Up 2.7 %

The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.36 and a current ratio of 2.19. The company has a market capitalization of £54.64 million, a P/E ratio of 13.99 and a beta of 0.71. The company's fifty day simple moving average is GBX 142.80 and its 200-day simple moving average is GBX 171.44.

Kooth (LON:KOO - Get Free Report) last issued its quarterly earnings data on Tuesday, April 15th. The company reported GBX 22 ($0.29) earnings per share (EPS) for the quarter. Kooth had a net margin of 7.89% and a return on equity of 18.59%. Research analysts predict that Kooth plc will post 12.9798903 earnings per share for the current year.

About Kooth

At Kooth, our sole purpose is to create easy-to-access online mental health services that work alongside you to provide compassionate and effective support.