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Investment analysts at Morningstar initiated coverage on shares of Kathmandu Holdings (ASX:KMD) in a note issued to investors on Sunday, reports. The firm set a “hold” rating on the stock.

Shares of Kathmandu Holdings (ASX:KMD) opened at 3.440 on Friday. Kathmandu Holdings has a 52 week low of A$1.850 and a 52 week high of A$3.710. The stock’s 50-day moving average is A$3.40 and its 200-day moving average is A$3.19. The company has a market cap of A$688.9 million and a price-to-earnings ratio of 18.52.

Kathmandu Holdings Limited is engaged in design, marketing and retailing of clothing and equipment for outdoor, travel and adventure.

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