kneat.com (TSE:KSI) Sets New 1-Year High – Time to Buy?

kneat.com, inc. (TSE:KSI) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$6.06 and last traded at C$6.05, with a volume of 39467 shares changing hands. The stock had previously closed at C$5.89.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Cibc World Mkts upgraded shares of kneat.com to a “strong-buy” rating in a research note on Tuesday, October 29th. CIBC set a C$6.00 price target on shares of kneat.com and gave the stock an “outperform” rating in a report on Tuesday, October 29th.

kneat.com Stock Performance

The stock has a 50 day moving average of C$5.12 and a two-hundred day moving average of C$4.73. The stock has a market capitalization of C$507.40 million, a PE ratio of -36.88, a P/E/G ratio of 597.67 and a beta of 1.08. The company has a debt-to-equity ratio of 95.14, a current ratio of 1.47 and a quick ratio of 1.50.

kneat.com Company Profile

kneat.com, inc., together with its subsidiaries, designs, develops, and supplies software for data and document management within regulated environments in North America, Europe, and the Asia Pacific. The company offers the Kneat Gx platform, a configurable off-the-shelf application focused on validation lifecycle management and testing for biotechnology, pharmaceutical, and medical device manufacturing industries.