Knights Group (LON:KGH) Trading Up 0.8% – Still a Buy?

Knights Group Holdings plc (LON:KGH)’s share price shot up 0.8% during trading on Monday . The company traded as high as GBX 183 and last traded at GBX 181. 173,506 shares changed hands during trading, a decline of 18% from the average session volume of 212,485 shares. The stock had previously closed at GBX 179.64.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on KGH. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 210 target price on shares of Knights Group in a research report on Thursday, May 21st. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 355 price target on shares of Knights Group in a research report on Monday, June 29th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a GBX 220 price objective on shares of Knights Group in a research note on Wednesday, May 20th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of GBX 261.67.

Knights Group Stock Performance

The company has a debt-to-equity ratio of 116.67, a quick ratio of 2.10 and a current ratio of 2.26. The stock has a market cap of £155.60 million, a P/E ratio of 34.74 and a beta of 1.47. The business’s 50-day moving average price is GBX 182.81 and its 200-day moving average price is GBX 176.10.

Knights Group (LON:KGH) last announced its earnings results on Monday, July 6th. The company reported GBX 28.14 EPS for the quarter. Knights Group had a return on equity of 4.58% and a net margin of 2.28%. As a group, sell-side analysts expect that Knights Group Holdings plc will post 22.0875439 earnings per share for the current fiscal year.

Knights Group Company Profile

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.