kneat.com (TSE:KSI) Rating Increased to Strong-Buy at Ventum Cap Mkts

kneat.com (TSE:KSI) was upgraded by stock analysts at Ventum Cap Mkts to a “strong-buy” rating in a note issued to investors on Wednesday, Zacks.com reports.

kneat.com Stock Up 1.1 %

Shares of kneat.com stock opened at C$4.51 on Wednesday. The company has a 50-day simple moving average of C$4.34 and a two-hundred day simple moving average of C$3.97. The stock has a market capitalization of C$385.15 million, a PE ratio of -23.74, a price-to-earnings-growth ratio of 597.67 and a beta of 1.00. kneat.com has a 52-week low of C$2.68 and a 52-week high of C$4.60. The company has a debt-to-equity ratio of 95.14, a quick ratio of 1.50 and a current ratio of 1.47.

kneat.com (TSE:KSI) last announced its quarterly earnings data on Wednesday, May 8th. The company reported C($0.04) earnings per share for the quarter, hitting analysts’ consensus estimates of C($0.04). kneat.com had a negative net margin of 31.19% and a negative return on equity of 51.13%. The company had revenue of C$10.77 million during the quarter, compared to analyst estimates of C$10.43 million. On average, analysts anticipate that kneat.com will post -0.12 EPS for the current fiscal year.

About kneat.com

kneat.com, inc., together with its subsidiaries, designs, develops, and supplies software for data and document management within regulated environments in North America, Europe, and the Asia Pacific. The company offers the Kneat Gx platform, a configurable off-the-shelf application focused on validation lifecycle management and testing for biotechnology, pharmaceutical, and medical device manufacturing industries.