Kainos Group (LON:KNOS) Sets New 12-Month Low – Here’s Why

Kainos Group plc (LON:KNOS) shares hit a new 52-week low during trading on Thursday . The company traded as low as GBX 725.90 ($9.13) and last traded at GBX 727.35 ($9.15), with a volume of 36599 shares changing hands. The stock had previously closed at GBX 749 ($9.42).

Analyst Ratings Changes

Separately, Shore Capital reiterated a “buy” rating on shares of Kainos Group in a report on Friday, February 7th.

Kainos Group Trading Down 2.7 %

The firm has a market cap of £880.36 million, a price-to-earnings ratio of 18.26, a P/E/G ratio of 2.15 and a beta of 0.79. The firm’s 50-day moving average is GBX 780.17 and its 200-day moving average is GBX 842.88. The company has a current ratio of 1.81, a quick ratio of 1.59 and a debt-to-equity ratio of 3.76.

Kainos Group Company Profile

Kainos Group plc engages in the provision of digital technology services in the United Kingdom, Ireland, North America, Central Europe, and internationally. It operates through three segments: Digital Services, Workday Services, and Workday Products. The Digital Services segment develops and supports custom digital service platforms for transforming service delivery in public, commercial, and healthcare sectors.