Knights Group (LON:KGH) Issues Quarterly Earnings Results

Knights Group (LON:KGH) released its earnings results on Monday. The company reported GBX 28.14 EPS for the quarter, Digital Look Earnings reports. Knights Group had a net margin of 2.28% and a return on equity of 4.58%.

Knights Group Stock Performance

Shares of KGH stock traded down GBX 2 during trading on Wednesday, reaching GBX 189.50. The company had a trading volume of 269,762 shares, compared to its average volume of 214,046. The company has a market capitalization of £162.91 million, a PE ratio of 150.40 and a beta of 1.47. Knights Group has a one year low of GBX 144.85 and a one year high of GBX 213. The company has a debt-to-equity ratio of 116.67, a current ratio of 2.26 and a quick ratio of 2.10. The firm’s 50 day simple moving average is GBX 180.33 and its two-hundred day simple moving average is GBX 176.36.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 355 price target on shares of Knights Group in a report on Monday, June 29th. Stifel Nicolaus reaffirmed a “buy” rating and set a GBX 220 target price on shares of Knights Group in a report on Wednesday, May 20th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 210 price target on shares of Knights Group in a report on Thursday, May 21st. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 261.67.

About Knights Group

Knights Group Holdings plc provides legal and professional services in the United Kingdom. The company offers business services comprising of banking, commercial, corporate, data protection, debt advisory , dispute resolution, and housing and regeneration. It also offers services in the areas of immigration, licensing and gambling, and employment. In addition, the company provides personal services in the areas of agriculture, charities, conveyancing, family, landed estates, planning, professional discipline, tax and trusts, and wills and estates.