Akerna Corp. (NASDAQ:KERN) was down 6.6% during mid-day trading on Tuesday . The company traded as low as $5.51 and last traded at $6.36. Approximately 2,488,934 shares changed hands during trading, a decline of 46% from the average daily volume of 4,618,881 shares. The stock had previously closed at $6.81.
Separately, Alliance Global Partners boosted their target price on shares of Akerna from $8.00 to $10.50 and gave the company a “buy” rating in a research report on Friday, February 5th.
The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.15. The business’s 50-day moving average is $6.51 and its 200-day moving average is $4.75. The company has a market capitalization of $137.36 million, a price-to-earnings ratio of -4.16 and a beta of 3.04.
Akerna Company Profile (NASDAQ:KERN)
Akerna Corp. operates as a technology company. The company offers MJ Platform, an enterprise resource planning system to the cannabis industry; and Leaf Data Systems, a tracking system designed for government agencies. It also provides consulting services to cannabis industry; business intelligence, an infrastructure as a service tool, which delivers supply chain analytics for the cannabis, hemp, and CBD industries; and Last Call Analytics, a subscription analytics tool for alcohol brands to analyze their retail sales analytics.
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