Kooth (LON:KOO) Shares Up 1% – Still a Buy?

Kooth plc (LON:KOO) shares were up 1% during mid-day trading on Tuesday . The company traded as high as GBX 157.98 and last traded at GBX 156.50. 117,381 shares were traded during mid-day trading, an increase of 18% from the average session volume of 99,457 shares. The stock had previously closed at GBX 155.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Stifel Nicolaus restated a “buy” rating and issued a GBX 360 target price on shares of Kooth in a report on Tuesday, April 21st. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 330 price target on shares of Kooth in a report on Wednesday, April 8th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 330.

Kooth Stock Performance

The business’s 50-day simple moving average is GBX 151.77 and its 200 day simple moving average is GBX 130.06. The firm has a market cap of £58.36 million, a P/E ratio of 22.99 and a beta of 1.30.

Kooth (LON:KOO) last issued its earnings results on Wednesday, April 8th. The company reported GBX 0.07 earnings per share for the quarter. Kooth had a net margin of 4.12% and a return on equity of 8.84%. The company had revenue of GBX 6,329 million during the quarter. As a group, equities research analysts expect that Kooth plc will post 12.9798903 EPS for the current year.

Kooth Company Profile

At Kooth, our sole purpose is to create easy-to-access online mental health services that work alongside you to provide compassionate and effective support.