Kinovo (LON:KINO) Shares Down 0.8% – Here’s What Happened

Kinovo plc (LON:KINO)’s share price traded down 0.8% on Thursday . The company traded as low as GBX 60 ($0.76) and last traded at GBX 60 ($0.76). 218,027 shares were traded during trading, an increase of 193% from the average session volume of 74,448 shares. The stock had previously closed at GBX 60.50 ($0.76).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 95 ($1.20) price objective on shares of Kinovo in a research report on Thursday, November 7th.

Kinovo Stock Performance

The company has a quick ratio of 0.53, a current ratio of 0.71 and a debt-to-equity ratio of -118.96. The firm has a market capitalization of £36.30 million, a P/E ratio of -59.05 and a beta of 1.04. The company’s 50 day moving average is GBX 63.11 and its 200-day moving average is GBX 64.62.

Kinovo (LON:KINO) last issued its earnings results on Tuesday, November 26th. The company reported GBX 3.40 ($0.04) EPS for the quarter. Kinovo had a positive return on equity of 4,684.62% and a negative net margin of 0.95%. As a group, equities analysts anticipate that Kinovo plc will post 7.7033219 EPS for the current year.

About Kinovo

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.