Kooth (LON:KOO) Trading 0.3% Higher

Kooth plc (LON:KOO)’s share price shot up 0.3% during trading on Wednesday . The stock traded as high as GBX 315 ($4.12) and last traded at GBX 315 ($4.12). 2,713 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 36,302 shares. The stock had previously closed at GBX 314 ($4.11).

Wall Street Analyst Weigh In

Separately, Berenberg Bank assumed coverage on Kooth in a report on Tuesday, July 2nd. They issued a “buy” rating and a GBX 590 ($7.72) target price on the stock.

Kooth Stock Performance

The company’s 50 day simple moving average is GBX 313.02 and its 200 day simple moving average is GBX 296.46. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.36 and a current ratio of 1.86. The stock has a market cap of £114.91 million, a PE ratio of -31,600.00 and a beta of 0.71.

About Kooth

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.