Kooth (LON:KOO) Trading Down 0.3% - Should You Sell?

Kooth plc (LON:KOO - Get Free Report) traded down 0.3% during mid-day trading on Thursday . The stock traded as low as GBX 156.50 ($2.11) and last traded at GBX 157.50 ($2.12). 68,252 shares were traded during trading, a decline of 36% from the average session volume of 107,372 shares. The stock had previously closed at GBX 158 ($2.13).

Analysts Set New Price Targets

A number of research analysts have commented on the company. Berenberg Bank reiterated a "buy" rating and issued a GBX 300 ($4.04) price objective on shares of Kooth in a research report on Tuesday, April 15th. Canaccord Genuity Group cut their target price on Kooth from GBX 580 ($7.81) to GBX 490 ($6.59) and set a "buy" rating on the stock in a research note on Tuesday, April 15th.

Kooth Price Performance

The stock has a market capitalization of £64.23 million, a price-to-earnings ratio of 16.44 and a beta of 0.71. The company's 50-day simple moving average is GBX 142.08 and its 200-day simple moving average is GBX 156.27. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.19 and a quick ratio of 2.36.

Kooth (LON:KOO - Get Free Report) last announced its earnings results on Tuesday, April 15th. The company reported GBX 22 ($0.30) earnings per share for the quarter. Kooth had a return on equity of 18.59% and a net margin of 7.89%. Research analysts forecast that Kooth plc will post 12.9798903 earnings per share for the current fiscal 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.