kneat.com (TSE:KSI) Hits New 52-Week Low – Time to Sell?

kneat.com, inc. (TSE:KSI)’s stock price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$3.95 and last traded at C$4.02, with a volume of 106752 shares. The stock had previously closed at C$4.10.

Wall Street Analyst Weigh In

KSI has been the topic of a number of recent research reports. Stifel Nicolaus decreased their price objective on kneat.com from C$7.50 to C$6.50 and set a “buy” rating on the stock in a report on Wednesday, November 26th. TD Securities upgraded kneat.com to a “strong-buy” rating in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company. Based on data from MarketBeat.com, kneat.com currently has a consensus rating of “Buy” and a consensus target price of C$6.50.

kneat.com Trading Down 2.4%

The company’s fifty day moving average price is C$4.67 and its two-hundred day moving average price is C$5.11. The company has a quick ratio of 1.50, a current ratio of 1.43 and a debt-to-equity ratio of 85.50. The company has a market cap of C$381.34 million, a price-to-earnings ratio of -200.00, a price-to-earnings-growth ratio of 597.67 and a beta of 0.91.

kneat.com (TSE:KSI) last released its quarterly earnings results on Wednesday, November 12th. The company reported C($0.01) EPS for the quarter. kneat.com had a negative return on equity of 29.61% and a negative net margin of 17.59%.The business had revenue of C$16.11 million for the quarter. Research analysts expect that kneat.com, inc. will post -0.12 earnings per share for the current year.

Insider Activity at kneat.com

In other kneat.com news, insider Dave O’reilly bought 6,654 shares of the stock in a transaction dated Monday, November 17th. The stock was bought at an average cost of C$4.13 per share, for a total transaction of C$27,481.02. Following the completion of the purchase, the insider owned 6,654 shares in the company, valued at C$27,481.02. This represents a ∞ increase in their position. Insiders own 25.96% of the company’s stock.

kneat.com Company Profile

Kneat Solutions provides leading companies in highly regulated industries with unparalleled efficiency in validation and compliance through its digital validation platform Kneat Gx. As an industry leader in customer satisfaction, Kneat boasts an excellent record for implementation, powered by our user-friendly design, expert support, and on-demand training academy. Kneat Gx is an industry-leading digital validation platform that enables highly regulated companies to manage any validation discipline from end-to-end.