kneat.com (TSE:KSI) Hits New 1-Year High – What’s Next?

Shares of kneat.com, inc. (TSE:KSI) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$5.29 and last traded at C$5.28, with a volume of 104192 shares trading hands. The stock had previously closed at C$5.06.

Analyst Ratings Changes

Several research firms have weighed in on KSI. Ventum Cap Mkts upgraded kneat.com to a “strong-buy” rating in a research note on Wednesday, August 7th. CIBC set a C$6.00 target price on kneat.com and gave the stock an “outperform” rating in a research note on Tuesday, October 29th. Finally, Cibc World Mkts upgraded shares of kneat.com to a “strong-buy” rating in a report on Tuesday, October 29th.

kneat.com Stock Down 1.3 %

The firm’s fifty day moving average price is C$4.81 and its 200-day moving average price is C$4.57. The company has a market capitalization of C$451.50 million, a price-to-earnings ratio of -32.88, a P/E/G ratio of 597.67 and a beta of 1.08. The company has a debt-to-equity ratio of 95.14, a current ratio of 1.47 and a quick ratio of 1.50.

kneat.com Company Profile

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.