Knights Group (LON:KGH) Shares Up 5.6%

Knights Group Holdings plc (LON:KGHGet Rating)’s share price shot up 5.6% on Tuesday . The company traded as high as GBX 75.40 ($0.93) and last traded at GBX 75.40 ($0.93). 125,744 shares traded hands during mid-day trading, a decline of 57% from the average session volume of 292,482 shares. The stock had previously closed at GBX 71.40 ($0.88).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “hold” rating on shares of Knights Group in a research report on Tuesday, January 17th.

Knights Group Trading Up 5.6 %

The company has a debt-to-equity ratio of 99.25, a current ratio of 2.49 and a quick ratio of 2.10. The company’s fifty day moving average is GBX 73.98 and its 200-day moving average is GBX 83.98. The stock has a market cap of £64.70 million, a PE ratio of 3,770.00 and a beta of 1.31.

Knights Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 17th. Shareholders of record on Thursday, February 16th were issued a GBX 1.53 ($0.02) dividend. The ex-dividend date was Thursday, February 16th. This represents a yield of 1.21%. Knights Group’s payout ratio is 20,000.00%.

About Knights Group

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Knights Group Holdings plc provides legal and professional services in the United Kingdom. The company offers business services, in the areas of banking, commercial, corporate, data protection, debt recovery, dispute resolution, and housing and regeneration. It also offers services in the areas of immigration, licensing and gambling, and employment.

Further Reading

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