kneat.com (TSE:KSI) Sets New 12-Month High – Here’s Why

Shares of kneat.com, inc. (TSE:KSI) reached a new 52-week high on Wednesday . The company traded as high as C$5.71 and last traded at C$5.64, with a volume of 181434 shares trading hands. The stock had previously closed at C$5.27.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on KSI. Ventum Cap Mkts raised kneat.com to a “strong-buy” rating in a research note on Wednesday, August 7th. CIBC set a C$6.00 price target on kneat.com and gave the company an “outperform” rating in a research note on Tuesday, October 29th. Finally, Cibc World Mkts raised kneat.com to a “strong-buy” rating in a research note on Tuesday, October 29th.

kneat.com Price Performance

The firm has a market cap of C$491.92 million, a price-to-earnings ratio of -35.56, a P/E/G ratio of 597.67 and a beta of 1.08. The company has a current ratio of 1.47, a quick ratio of 1.50 and a debt-to-equity ratio of 95.14. The company has a 50 day moving average of C$4.83 and a 200 day moving average of C$4.59.

About kneat.com

kneat.com, inc., together with its subsidiaries, designs, develops, and supplies software for data and document management within regulated environments in North America, Europe, and the Asia Pacific. The company offers the Kneat Gx platform, a configurable off-the-shelf application focused on validation lifecycle management and testing for biotechnology, pharmaceutical, and medical device manufacturing industries.