kneat.com (TSE:KSI) Shares Up 0.4% – Should You Buy?

kneat.com, inc. (TSE:KSI) traded up 0.4% during mid-day trading on Tuesday . The company traded as high as C$4.86 and last traded at C$4.80. 279,405 shares traded hands during trading, an increase of 90% from the average session volume of 147,147 shares. The stock had previously closed at C$4.78.

Analyst Ratings Changes

Separately, Stifel Nicolaus reduced their target price on kneat.com from C$7.50 to C$6.50 and set a “buy” rating on the stock in a research note on Wednesday, November 26th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, kneat.com currently has an average rating of “Buy” and an average target price of C$6.75.

kneat.com Trading Up 0.4%

The stock has a market capitalization of C$457.61 million, a P/E ratio of -240.00, a price-to-earnings-growth ratio of 597.67 and a beta of 1.10. The stock’s fifty day moving average price is C$4.66 and its two-hundred day moving average price is C$5.22. The company has a current ratio of 1.43, a quick ratio of 1.50 and a debt-to-equity ratio of 85.50.

kneat.com (TSE:KSI) last issued its earnings results on Wednesday, November 12th. The company reported C($0.01) EPS for the quarter. The business had revenue of C$16.11 million during the quarter. kneat.com had a negative return on equity of 29.61% and a negative net margin of 17.59%. Equities research analysts forecast that kneat.com, inc. will post -0.12 EPS for the current year.

Insider Buying and Selling at kneat.com

In related news, insider Dave O’reilly bought 6,654 shares of the company’s stock in a transaction that occurred on Monday, November 17th. The stock was bought at an average cost of C$4.13 per share, for a total transaction of C$27,481.02. Following the acquisition, the insider directly owned 6,654 shares of the company’s stock, valued at C$27,481.02. The trade was a ∞ increase in their position. Company insiders own 25.96% of the company’s stock.

About kneat.com

Kneat Solutions provides leading companies in highly regulated industries with unparalleled efficiency in validation and compliance through its digital validation platform Kneat Gx. As an industry leader in customer satisfaction, Kneat boasts an excellent record for implementation, powered by our user-friendly design, expert support, and on-demand training academy. Kneat Gx is an industry-leading digital validation platform that enables highly regulated companies to manage any validation discipline from end-to-end.