Canaccord Genuity Group reaffirmed their buy rating on shares of Kooth (LON:KOO – Free Report) in a research note issued to investors on Thursday morning, Marketbeat Ratings reports. They currently have a GBX 580 ($7.16) price objective on the stock.
Kooth Stock Down 6.7 %
LON:KOO opened at GBX 160 ($1.98) on Thursday. Kooth has a one year low of GBX 157 ($1.94) and a one year high of GBX 354 ($4.37). The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.36 and a current ratio of 2.19. The company has a market capitalization of £58.37 million, a price-to-earnings ratio of 1,333.33 and a beta of 0.71. The stock has a 50-day simple moving average of GBX 174.20 and a 200 day simple moving average of GBX 246.89.
Insider Buying and Selling at Kooth
In other Kooth news, insider Timothy John Barker bought 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 30th. The shares were acquired at an average cost of GBX 160 ($1.98) per share, for a total transaction of £32,000 ($39,525.69). 17.30% of the stock is owned by company insiders.
About Kooth
At Kooth, our sole purpose is to create easy-to-access online mental health services that work alongside you to provide compassionate and effective support.
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