Kooth (LON:KOO) Trading Down 2%

Kooth plc (LON:KOO - Get Free Report)'s stock price was down 2% on Monday . The company traded as low as GBX 300 ($3.77) and last traded at GBX 301 ($3.78). Approximately 16,646 shares traded hands during trading, a decline of 59% from the average daily volume of 40,580 shares. The stock had previously closed at GBX 307 ($3.86).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group boosted their price target on shares of Kooth from GBX 565 ($7.10) to GBX 580 ($7.28) and gave the stock a "buy" rating in a research report on Wednesday, March 27th.

Kooth Price Performance

The business has a fifty day simple moving average of GBX 278.99 and a 200-day simple moving average of GBX 287.60. The stock has a market capitalization of £109.44 million, a P/E ratio of -9,033.33 and a beta of 0.70. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.36 and a current ratio of 1.86.

Kooth Company Profile

Kooth plc, together with its subsidiaries, provides digital mental health services to children, young people, and adults in the United Kingdom. It operates online platforms that offers various therapeutic support and interventions, including anonymous and personalised mental health support; and a community with a library of peer and professional created content, as well as provides online counselling, coaching, and support services under the Kooth, Qwell, and Soluna names.