Canaccord Genuity Group Reaffirms Buy Rating for Kooth (LON:KOO)

Kooth (LON:KOO - Get Free Report)'s stock had its "buy" rating reiterated by investment analysts at Canaccord Genuity Group in a note issued to investors on Tuesday, MarketBeat reports. They presently have a GBX 490 ($6.61) price objective on the stock. Canaccord Genuity Group's price objective indicates a potential upside of 157.92% from the stock's current price.

Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 300 ($4.05) price objective on shares of Kooth in a report on Tuesday, April 15th.

Kooth Stock Performance

LON KOO traded down GBX 0.02 ($0.00) during trading on Tuesday, hitting GBX 189.98 ($2.56). 10,586 shares of the company's stock traded hands, compared to its average volume of 101,671. The stock has a market capitalization of £69.73 million, a price-to-earnings ratio of 17.85 and a beta of 0.71. Kooth has a 12-month low of GBX 120 ($1.62) and a 12-month high of GBX 354 ($4.78). 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 business has a 50 day moving average of GBX 166.04 and a 200-day moving average of GBX 158.48.

Kooth (LON:KOO - Get Free Report) last released its quarterly earnings data on Tuesday, April 15th. The company reported GBX 22 ($0.30) EPS for the quarter. Kooth had a net margin of 7.89% and a return on equity of 18.59%. As a group, equities research analysts anticipate that Kooth 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.