kneat.com (TSE:KSI) Upgraded at TD Securities

TD Securities upgraded shares of kneat.com (TSE:KSI) to a strong-buy rating in a research report report published on Wednesday morning,Zacks.com reports.

Separately, Stifel Nicolaus reduced their price objective on shares of kneat.com from C$7.50 to C$6.50 and set a “buy” rating for the company in a research note on Wednesday, November 26th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of C$6.50.

kneat.com Price Performance

Shares of KSI opened at C$4.21 on Wednesday. The stock has a market capitalization of C$401.36 million, a P/E ratio of -210.50, a P/E/G ratio of 597.67 and a beta of 0.91. kneat.com has a twelve month low of C$4.01 and a twelve month high of C$7.25. The company has a 50 day moving average of C$4.70 and a 200-day moving average of C$5.15. The company has a quick ratio of 1.50, a current ratio of 1.43 and a debt-to-equity ratio of 85.50.

kneat.com (TSE:KSI) last announced its quarterly earnings data 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%. As a group, equities research analysts forecast that kneat.com will post -0.12 EPS for the current fiscal year.

Insider Transactions at kneat.com

In other news, insider Dave O’reilly purchased 6,654 shares of the business’s stock in a transaction on Monday, November 17th. The stock was purchased at an average price of C$4.13 per share, for a total transaction of C$27,481.02. Following the completion of the purchase, the insider directly owned 6,654 shares in the company, 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.