kneat.com (TSE:KSI) Hits New 52-Week High – Time to Buy?

kneat.com, inc. (TSE:KSI) shares reached a new 52-week high on Monday . The company traded as high as C$7.00 and last traded at C$7.00, with a volume of 3336 shares trading hands. The stock had previously closed at C$6.96.

Wall Street Analysts Forecast Growth

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

kneat.com Price Performance

The firm’s fifty day moving average is C$6.20 and its two-hundred day moving average is C$5.32. The firm has a market cap of C$589.10 million, a price-to-earnings ratio of -42.81, 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.

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.