Kinovo (LON:KINO) Hits New 1-Year High at $72.00

Kinovo plc (LON:KINO) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 72 ($0.93) and last traded at GBX 72 ($0.93), with a volume of 140263 shares. The stock had previously closed at GBX 67 ($0.87).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group upped their price objective on Kinovo from GBX 70 ($0.91) to GBX 80 ($1.04) and gave the company a “speculative buy” rating in a report on Tuesday, July 9th.

Kinovo Stock Performance

The company has a current ratio of 0.77, a quick ratio of 0.53 and a debt-to-equity ratio of 95.17. The stock has a market capitalization of £44.04 million, a PE ratio of 1,003.14 and a beta of 0.89. The firm’s fifty day moving average is GBX 60.80 and its 200-day moving average is GBX 54.01.

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.