Kinaxis (OTCMKTS:KXSCF) Trading 1.5% Higher – Time to Buy?
by Sarita Garza · The Markets DailyKinaxis Inc. (OTCMKTS:KXSCF – Get Free Report) shares were up 1.5% during mid-day trading on Wednesday . The stock traded as high as $102.0565 and last traded at $102.0565. Approximately 1,233 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 11,212 shares. The stock had previously closed at $100.57.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on the stock. Scotiabank restated an “outperform” rating on shares of Kinaxis in a research note on Wednesday, February 4th. Canadian Imperial Bank of Commerce upgraded shares of Kinaxis from a “neutral” rating to an “outperform” rating in a research note on Sunday, December 14th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.
Read Our Latest Research Report on Kinaxis
Kinaxis Price Performance
The stock has a 50 day simple moving average of $97.08 and a two-hundred day simple moving average of $116.06.
Kinaxis Company Profile
Kinaxis Inc provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. It offers RapidResponse, a cloud-based platform, which provides advanced planning, sales and operation planning, supply and demand planning, inventory management, and command and control center services. The company also provides strategic services, such as digital business transformation, advanced analytics, and digital innovation and acceleration services; implementation, including agile implementation methodology, RapidStart, sustainment, and rollout services; and continuous learning services consisting of Kinaxis learning center, custom learning programs, and certification, as well as support services.