Kooth (LON:KOO) Shares Down 0.3% – Should You Sell?

Kooth plc (LON:KOO) traded down 0.3% during trading on Tuesday . The company traded as low as GBX 176.15 ($2.15) and last traded at GBX 180 ($2.20). 126,662 shares traded hands during mid-day trading, an increase of 75% from the average session volume of 72,567 shares. The stock had previously closed at GBX 180.50 ($2.20).

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Berenberg Bank reiterated a “buy” rating and set a GBX 590 ($7.20) target price on shares of Kooth in a research report on Tuesday, September 17th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 580 ($7.08) price objective on shares of Kooth in a research report on Tuesday, September 17th.

Kooth Trading Down 0.3 %

The firm has a market cap of £65.66 million, a price-to-earnings ratio of 1,500.00 and a beta of 0.71. The company has a quick ratio of 2.36, a current ratio of 2.19 and a debt-to-equity ratio of 0.14. The business has a 50 day moving average of GBX 173.19 and a 200 day moving average of GBX 252.75.

Insider Buying and Selling at Kooth

In other Kooth news, insider Timothy John Barker acquired 20,000 shares of the company’s stock in a transaction dated Wednesday, October 30th. The stock was bought at an average price of GBX 160 ($1.95) per share, with a total value of £32,000 ($39,067.27). 17.30% of the stock is currently owned by insiders.

Kooth Company Profile

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.