kneat.com (TSE:KSI) Sets New 52-Week High – What’s Next?

kneat.com, inc. (TSE:KSI)’s share price reached a new 52-week high on Wednesday . The stock traded as high as C$5.71 and last traded at C$5.64, with a volume of 181434 shares trading hands. The stock had previously closed at C$5.27.

Analyst Ratings Changes

KSI has been the subject of several research analyst reports. Cibc World Mkts raised shares of kneat.com to a “strong-buy” rating in a research note on Tuesday, October 29th. CIBC set a C$6.00 price objective on shares of kneat.com and gave the company an “outperform” rating in a report on Tuesday, October 29th. Finally, Ventum Cap Mkts raised shares of kneat.com to a “strong-buy” rating in a report on Wednesday, August 7th.

kneat.com Trading Down 2.3 %

The company has a market capitalization of C$480.74 million, a PE ratio of -34.94, a price-to-earnings-growth ratio of 597.67 and a beta of 1.08. The company’s fifty day moving average is C$4.87 and its 200-day moving average is C$4.61. 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.