Kinaxis Inc. (TSE:KXS) Senior Officer Christopher John Blaine Fitzgerald Sells 2,177 Shares

Kinaxis Inc. (TSE:KXS) Senior Officer Christopher John Blaine Fitzgerald sold 2,177 shares of the stock in a transaction on Thursday, March 13th. The shares were sold at an average price of C$156.26, for a total transaction of C$340,172.58.

Kinaxis Stock Up 2.5 %

Shares of TSE:KXS opened at C$159.52 on Friday. The firm’s 50-day moving average is C$166.09 and its two-hundred day moving average is C$165.27. The firm has a market capitalization of C$3.21 billion, a PE ratio of 158.32, a price-to-earnings-growth ratio of 3.60 and a beta of 0.78. Kinaxis Inc. has a 1 year low of C$132.93 and a 1 year high of C$190.17. The company has a debt-to-equity ratio of 12.12, a current ratio of 1.89 and a quick ratio of 2.29.

Analysts Set New Price Targets

Separately, CIBC reduced their price target on shares of Kinaxis from C$175.00 to C$170.00 in a research note on Friday, February 28th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of C$192.00.

Kinaxis Company Profile

Kinaxis Inc provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. It offers RapidResponse, a cloud-based platform, which provides advanced planning, sales and operation planning, supply and demand planning, inventory management, and command and control center services.