Shore Capital Reiterates Buy Rating for Knights Group (LON:KGH)

Shore Capital reiterated their buy rating on shares of Knights Group (LON:KGH) in a research note published on Monday, MarketBeat reports.

Knights Group Price Performance

LON KGH opened at GBX 130.50 ($1.67) on Monday. The company has a debt-to-equity ratio of 90.37, a quick ratio of 2.10 and a current ratio of 1.13. Knights Group has a 52-week low of GBX 67.20 ($0.86) and a 52-week high of GBX 160 ($2.05). The business has a 50 day simple moving average of GBX 141.09 and a 200 day simple moving average of GBX 129.82. The stock has a market cap of £111.98 million, a price-to-earnings ratio of 1,186.36 and a beta of 1.13.

Knights Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, September 27th. Stockholders of record on Thursday, August 29th will be given a GBX 2.79 ($0.04) dividend. This represents a dividend yield of 1.92%. The ex-dividend date of this dividend is Thursday, August 29th. This is a positive change from Knights Group’s previous dividend of $1.61. Knights Group’s payout ratio is currently 3,636.36%.

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.