Kooth (LON:KOO) Trading Down 0.8% – Time to Sell?

Kooth plc (LON:KOO) shares dropped 0.8% during trading on Wednesday . The stock traded as low as GBX 145 and last traded at GBX 146.25. 49,714 shares were traded during mid-day trading, a decline of 46% from the average session volume of 92,091 shares. The stock had previously closed at GBX 147.50.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on KOO. Stifel Nicolaus reissued a “buy” rating and issued a GBX 360 target price on shares of Kooth in a report on Tuesday, April 21st. Canaccord Genuity Group restated a “buy” rating and set a GBX 330 price target on shares of Kooth in a research note on Wednesday, July 29th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, Kooth currently has an average rating of “Buy” and a consensus price target of GBX 330.

Kooth Stock Down 0.8%

The stock has a fifty day simple moving average of GBX 156.27 and a 200 day simple moving average of GBX 139.74. The firm has a market capitalization of £53.05 million, a P/E ratio of 20.89 and a beta of 1.29.

About Kooth

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.