Canaccord Genuity Group reaffirmed their speculative buy rating on shares of Kinovo (LON:KINO – Free Report) in a report issued on Thursday morning, MarketBeat.com reports. Canaccord Genuity Group currently has a GBX 65 ($0.82) price objective on the stock.
Kinovo Trading Down 5.2 %
LON:KINO opened at GBX 47.20 ($0.59) on Thursday. Kinovo has a 52 week low of GBX 25 ($0.31) and a 52 week high of GBX 70 ($0.88). The company has a quick ratio of 0.53, a current ratio of 0.77 and a debt-to-equity ratio of 95.17. The company has a market cap of £29.70 million, a PE ratio of 674.29 and a beta of 0.89. The business’s 50 day moving average is GBX 43.76 and its two-hundred day moving average is GBX 51.26.
Insiders Place Their Bets
In other Kinovo news, insider Sangita Shah acquired 110,565 shares of the stock in a transaction that occurred on Friday, March 8th. The stock was acquired at an average price of GBX 41 ($0.52) per share, with a total value of £45,331.65 ($56,942.16). 59.10% of the stock is owned by corporate insiders.
About Kinovo
Kinovo plc, through its subsidiaries, provides gas heating, electrical, and general building services to housing associations and local authorities, public buildings, industrial and commercial, and education and private sectors in the United Kingdom. The company operates through Mechanical Services, Building Services, and Electrical Services segments.
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