Canaccord Genuity Group Reiterates “Buy” Rating for Kinovo (LON:KINO)

Kinovo (LON:KINO)‘s stock had its “buy” rating reaffirmed by stock analysts at Canaccord Genuity Group in a research report issued on Thursday, Marketbeat Ratings reports. They currently have a GBX 95 ($1.24) price objective on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 61.02% from the company’s previous close.

Kinovo Stock Down 3.3 %

Shares of KINO stock opened at GBX 59 ($0.77) on Thursday. Kinovo has a one year low of GBX 25 ($0.33) and a one year high of GBX 79 ($1.03). The company has a debt-to-equity ratio of 95.17, a current ratio of 0.71 and a quick ratio of 0.53. The stock has a fifty day moving average price of GBX 65.02 and a 200 day moving average price of GBX 63.28. The stock has a market cap of £37.36 million, a P/E ratio of 737.50 and a beta of 1.04.

Kinovo Company Profile

Kinovo plc, through its subsidiaries, provides gas heating, electrical, and general building services to housing associations and local authorities, public buildings, industrial and commercial, and education and private sectors in the United Kingdom. The company operates through Mechanical Services, Building Services, and Electrical Services segments.