kneat.com (TSE:KSI) Sets New 52-Week High – Still a Buy?

kneat.com, inc. (TSE:KSI)’s share price hit a new 52-week high on Thursday . The stock traded as high as C$6.06 and last traded at C$6.05, with a volume of 39467 shares. The stock had previously closed at C$5.89.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on KSI. Cibc World Mkts upgraded kneat.com to a “strong-buy” rating in a research report on Tuesday, October 29th. CIBC set a C$6.00 price objective on kneat.com and gave the stock an “outperform” rating in a research note on Tuesday, October 29th.

kneat.com Stock Down 1.5 %

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 firm has a 50-day moving average of C$5.12 and a two-hundred day moving average of C$4.73. The company has a market capitalization of C$507.40 million, a PE ratio of -36.88, a price-to-earnings-growth ratio of 597.67 and a beta of 1.08.

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.