Kainos Group (LON:KNOS) Reaches New 1-Year Low – What’s Next?

Kainos Group plc (LON:KNOS) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 725.90 ($9.21) and last traded at GBX 727.35 ($9.22), with a volume of 36599 shares changing hands. The stock had previously closed at GBX 749 ($9.50).

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “buy” rating on shares of Kainos Group in a research report on Friday, February 7th.

Kainos Group Stock Performance

The business has a 50-day simple moving average of GBX 782.96 and a 200 day simple moving average of GBX 847.52. The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.59. The firm has a market cap of £915.75 million, a PE ratio of 19.00, a PEG ratio of 2.15 and a beta of 0.79.

About Kainos Group

Kainos Group plc engages in the provision of digital technology services in the United Kingdom, Ireland, North America, Central Europe, and internationally. It operates through three segments: Digital Services, Workday Services, and Workday Products. The Digital Services segment develops and supports custom digital service platforms for transforming service delivery in public, commercial, and healthcare sectors.