Kinaxis Inc (TSE:KXS) is set to release its earnings data after the market closes on Thursday, August 3rd. Analysts expect Kinaxis to post earnings of $0.29 per share for the quarter.

Kinaxis Inc (TSE:KXS) traded down 1.74% during trading on Thursday, hitting $79.98. The stock had a trading volume of 55,595 shares. Kinaxis Inc has a 12 month low of $56.47 and a 12 month high of $91.98. The company has a market cap of $2.02 billion and a PE ratio of 199.45. The company’s 50 day moving average is $82.20 and its 200-day moving average is $77.26.

Several equities analysts have recently weighed in on the company. Eight Capital restated a “buy” rating and issued a C$91.00 target price on shares of Kinaxis in a research report on Tuesday, April 25th. TD Securities reiterated a “buy” rating and set a C$81.00 price objective on shares of Kinaxis in a research report on Monday, May 1st. Royal Bank Of Canada lifted their price objective on Kinaxis from C$82.00 to C$100.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 2nd. Finally, Scotiabank lifted their price objective on Kinaxis from C$76.00 to C$87.00 and gave the stock a “sector perform” rating in a research report on Friday, May 5th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of C$84.67.

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In related news, insider Sarah Mayme Sedgman sold 385 shares of the business’s stock in a transaction on Friday, June 9th. The stock was sold at an average price of C$90.00, for a total transaction of C$34,650.00. Also, Director Douglas Proctor Colbeth sold 48,400 shares of the business’s stock in a transaction on Wednesday, May 10th. The stock was sold at an average price of C$85.86, for a total value of C$4,155,624.00. Insiders sold 120,227 shares of company stock valued at $10,457,758 over the last ninety days.

About Kinaxis

Kinaxis Inc is a provider of cloud-based subscription software for supply chain operations. The Company offers RapidResponse as a collection of cloud-based configurable applications. The Company’s RapidResponse product provides supply chain planning and analytics capabilities that create the foundation for managing multiple, interconnected supply chain management processes, including demand planning, supply planning, inventory management, order fulfillment and capacity planning.

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