Kinovo (LON:KINO) Shares Up 2.4% – Here’s Why

Kinovo plc (LON:KINOGet Free Report) shot up 2.4% during mid-day trading on Friday . The company traded as high as GBX 64 ($0.83) and last traded at GBX 64 ($0.83). 122,594 shares traded hands during mid-day trading, an increase of 71% from the average session volume of 71,870 shares. The stock had previously closed at GBX 62.50 ($0.81).

Kinovo Stock Performance

The firm’s 50 day simple moving average is GBX 62.16 and its 200 day simple moving average is GBX 63.44. The firm has a market cap of £38.72 million, a PE ratio of -62.98 and a beta of 1.04. The company has a current ratio of 0.71, a quick ratio of 0.53 and a debt-to-equity ratio of -118.96.

About Kinovo

(Get Free Report)

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.

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