Shore Capital Reaffirms Buy Rating for Kainos Group (LON:KNOS)

Kainos Group (LON:KNOS - Get Free Report)'s stock had its "buy" rating reissued by equities researchers at Shore Capital in a research note issued on Monday, Marketbeat.com reports.

Separately, Canaccord Genuity Group reissued a "buy" rating and set a GBX 1,000 ($12.45) price target on shares of Kainos Group in a report on Monday.

Kainos Group Price Performance

LON KNOS traded up GBX 51 ($0.63) during midday trading on Monday, hitting GBX 1,014 ($12.62). The company had a trading volume of 712,957 shares, compared to its average volume of 453,930. The company has a market capitalization of £1.28 billion, a PE ratio of 3,072.73, a P/E/G ratio of 2.15 and a beta of 0.73. The company has a current ratio of 1.55, a quick ratio of 1.59 and a debt-to-equity ratio of 2.95. The firm has a 50-day moving average price of GBX 1,053.01 and a 200-day moving average price of GBX 1,060.92. Kainos Group has a twelve month low of GBX 900.50 ($11.21) and a twelve month high of GBX 1,421 ($17.69).

About Kainos Group

Kainos Group plc provides digital technology services in the United Kingdom, Ireland, North America, Central Europe, and internationally. It operates through three segments: Digital Services, Workday Services, and Workday Products. The Digital Services segment develops and supports custom digital service platforms for public sector, commercial, and healthcare customers.