Kinovo plc (LON:KINO – Get Rating) shares traded down 1% on Wednesday . The stock traded as low as GBX 46 ($0.58) and last traded at GBX 48.50 ($0.61). 88,928 shares were traded during mid-day trading, an increase of 28% from the average session volume of 69,421 shares. The stock had previously closed at GBX 49 ($0.61).
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group raised their price objective on shares of Kinovo from GBX 52 ($0.65) to GBX 60 ($0.75) and gave the company a “speculative buy” rating in a research report on Wednesday, May 17th.
Kinovo Stock Performance
The company has a debt-to-equity ratio of 47.48, a current ratio of 0.69 and a quick ratio of 0.53. The stock’s 50 day simple moving average is GBX 44.62 and its two-hundred day simple moving average is GBX 38.69. The stock has a market cap of £30.14 million, a P/E ratio of 1,212.50 and a beta of 1.25.
Kinovo Company Profile
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.
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