Keywords Studios (LON:KWS) Lowered to Hold at Berenberg Bank

Berenberg Bank downgraded shares of Keywords Studios (LON:KWS) to a hold rating in a research note released on Wednesday, MarketBeat reports. The brokerage currently has GBX 2,450 ($30.99) price target on the stock, up from their previous price target of GBX 2,090 ($26.44).

Other research analysts have also recently issued research reports about the company. Shore Capital cut Keywords Studios to a hold rating in a report on Monday, May 20th. Citigroup reissued a neutral rating on shares of Keywords Studios in a research note on Monday.

Keywords Studios Price Performance

LON KWS opened at GBX 2,388.52 ($30.21) on Wednesday. The stock has a market capitalization of £1.89 billion, a P/E ratio of 11,380.95, a P/E/G ratio of 2.97 and a beta of 0.88. Keywords Studios has a 1 year low of GBX 1,101 ($13.93) and a 1 year high of GBX 2,498 ($31.60). The business’s fifty day moving average is GBX 1,892.59 and its two-hundred day moving average is GBX 1,614.26. The company has a debt-to-equity ratio of 29.10, a quick ratio of 1.70 and a current ratio of 1.13.

Insider Transactions at Keywords Studios

In related news, insider Don Robert purchased 4,700 shares of the company’s stock in a transaction dated Tuesday, May 7th. The shares were acquired at an average cost of GBX 1,189 ($15.04) per share, with a total value of £55,883 ($70,684.29). 5.76% of the stock is currently owned by company insiders.

About Keywords Studios

Keywords Studios plc provides creative and technical services to the video game industry worldwide. The company offers art creation services related to the production of graphical art assets for inclusion in the video game, including concept art creation, as well as 2D and 3D art asset production and animation.