Kooth (LON:KOO) Stock Price Down 1.1%

Kooth plc (LON:KOO)’s stock price traded down 1.1% on Wednesday . The stock traded as low as GBX 262 ($3.26) and last traded at GBX 263 ($3.27). 6,594 shares changed hands during trading, a decline of 83% from the average session volume of 38,688 shares. The stock had previously closed at GBX 266 ($3.31).

Analyst Ratings Changes

Separately, Canaccord Genuity Group lifted their price objective on Kooth from GBX 565 ($7.03) to GBX 580 ($7.22) and gave the company a “buy” rating in a report on Wednesday, March 27th.

Kooth Stock Performance

The stock has a 50-day moving average of GBX 273.83 and a 200-day moving average of GBX 292.42. The firm has a market cap of £95.94 million, a price-to-earnings ratio of -9,033.33 and a beta of 0.70. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.36 and a current ratio of 1.86.

Kooth Company Profile

Kooth plc, together with its subsidiaries, provides digital mental health services to children, young people, and adults in the United Kingdom. It operates online platforms that offers various therapeutic support and interventions, including anonymous and personalised mental health support; and a community with a library of peer and professional created content, as well as provides online counselling, coaching, and support services under the Kooth, Qwell, and Soluna names.