kneat.com (TSE:KSI) Hits New 12-Month High – Still a Buy?

Shares of kneat.com, inc. (TSE:KSI) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$5.29 and last traded at C$5.28, with a volume of 104192 shares changing hands. The stock had previously closed at C$5.06.

Analyst Ratings Changes

A number of brokerages have recently commented on KSI. CIBC set a C$6.00 price objective on kneat.com and gave the stock an “outperform” rating in a research report on Tuesday, October 29th. Ventum Cap Mkts upgraded shares of kneat.com to a “strong-buy” rating in a report on Wednesday, August 7th. Finally, Cibc World Mkts upgraded shares of kneat.com to a “strong-buy” rating in a research note on Tuesday, October 29th.

kneat.com Trading Up 4.7 %

The company has a market cap of C$455.80 million, a price-to-earnings ratio of -31.63, a PEG ratio of 597.67 and a beta of 1.08. The company has a quick ratio of 1.50, a current ratio of 1.47 and a debt-to-equity ratio of 95.14. The business’s fifty day simple moving average is C$4.79 and its two-hundred day simple moving average is C$4.55.

kneat.com Company Profile

kneat.com, inc., together with its subsidiaries, designs, develops, and supplies software for data and document management within regulated environments in North America, Europe, and the Asia Pacific. The company offers the Kneat Gx platform, a configurable off-the-shelf application focused on validation lifecycle management and testing for biotechnology, pharmaceutical, and medical device manufacturing industries.