Kinovo (LON:KINO) Price Target Raised to GBX 80

Kinovo (LON:KINO) had its price objective upped by Canaccord Genuity Group from GBX 70 ($0.90) to GBX 80 ($1.02) in a research note released on Tuesday morning, MarketBeat Ratings reports. The brokerage currently has a speculative buy rating on the stock.

Kinovo Stock Down 1.5 %

KINO stock opened at GBX 67 ($0.86) on Tuesday. The firm has a market cap of £42.16 million, a PE ratio of 957.14 and a beta of 0.89. Kinovo has a one year low of GBX 25 ($0.32) and a one year high of GBX 70 ($0.90). The company has a debt-to-equity ratio of 95.17, a quick ratio of 0.53 and a current ratio of 0.77. The firm’s 50 day moving average price is GBX 59.53 and its 200-day moving average price is GBX 53.75.

About Kinovo

Kinovo plc, through its subsidiaries, provides gas heating, electrical, and general building services to housing associations and local authorities, public buildings, industrial and commercial, and education and private sectors in the United Kingdom. The company operates through Mechanical Services, Building Services, and Electrical Services segments.