Kinovo (LON:KINO) Stock Price Down 0.8% – What’s Next?

Kinovo plc (LON:KINO)’s stock price fell 0.8% on Thursday . The company traded as low as GBX 58 ($0.74) and last traded at GBX 60.50 ($0.77). 175,301 shares changed hands during mid-day trading, an increase of 35% from the average session volume of 129,717 shares. The stock had previously closed at GBX 61 ($0.77).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 95 ($1.21) price target on shares of Kinovo in a research report on Thursday, November 7th.

Kinovo Trading Down 0.8 %

The firm’s 50 day moving average price is GBX 62.92 and its 200-day moving average price is GBX 64.49. The company has a debt-to-equity ratio of 95.17, a current ratio of 0.71 and a quick ratio of 0.53. The stock has a market cap of £38.31 million, a P/E ratio of 756.25 and a beta of 1.04.

Kinovo Company Profile

Kinovo plc, through its subsidiaries, provides gas heating, electrical, and general building services to housing associations and local authorities, public buildings, industrial and commercial, and education and private sectors in the United Kingdom. The company operates through Mechanical Services, Building Services, and Electrical Services segments.