Knights Group (LON:KGH) Shares Up 0%

Knights Group Holdings plc (LON:KGH)’s share price shot up 0% during trading on Thursday . The company traded as high as GBX 428.80 ($5.60) and last traded at GBX 425.16 ($5.55). 8,826 shares changed hands during mid-day trading, a decline of 94% from the average session volume of 137,333 shares. The stock had previously closed at GBX 425 ($5.55).

A number of research firms have commented on KGH. Numis Securities reaffirmed a “buy” rating and issued a GBX 660 ($8.62) price objective on shares of Knights Group in a report on Wednesday, July 7th. Shore Capital reiterated a “buy” rating and issued a GBX 500 ($6.53) target price on shares of Knights Group in a research note on Friday, July 30th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of GBX 495 ($6.47).

The business has a fifty day moving average of GBX 413.67 and a 200-day moving average of GBX 420.88. The stock has a market capitalization of £350.51 million and a price-to-earnings ratio of 102.44. The company has a debt-to-equity ratio of 82.91, a current ratio of 1.61 and a quick ratio of 1.47.

In related news, insider Gillian Davies purchased 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 27th. The shares were purchased at an average price of GBX 428 ($5.59) per share, with a total value of £42,800 ($55,918.47).

About Knights Group (LON:KGH)

Knights Group Holdings plc provides legal and professional services in the United Kingdom. It offers business services, in the areas of aviation, banking, commercial, corporate, data protection, debt recovery, dispute resolution, employment, highway claims, housing, immigration, intellectual property, real estate, regulatory, restructuring and insolvency, telecommunications, and tax.

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