Kinovo (LON:KINO) Stock Price Down 4.9% – Here’s What Happened

Kinovo plc (LON:KINOGet Free Report)’s stock price traded down 4.9% during mid-day trading on Monday . The stock traded as low as GBX 63 ($0.77) and last traded at GBX 63 ($0.77). 36,099 shares changed hands during mid-day trading, a decline of 55% from the average session volume of 80,813 shares. The stock had previously closed at GBX 66.25 ($0.81).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 95 ($1.16) target price on shares of Kinovo in a research report on Thursday, November 7th.

Read Our Latest Research Report on KINO

Kinovo Price Performance

The company has a quick ratio of 0.53, a current ratio of 0.71 and a debt-to-equity ratio of 95.17. The stock’s 50 day moving average price is GBX 63.01 and its two-hundred day moving average price is GBX 65.86. The stock has a market cap of £39.26 million, a price-to-earnings ratio of 775.00 and a beta of 1.04.

About Kinovo

(Get Free Report)

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.

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