Kainos Group (LON:KNOS) Shares Pass Above Fifty Day Moving Average – Here’s What Happened
by Jessica Moore · The Cerbat GemKainos Group plc (LON:KNOS – Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 785.81 and traded as high as GBX 788.50. Kainos Group shares last traded at GBX 787, with a volume of 259,037 shares.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on KNOS shares. Shore Capital Group restated a “buy” rating on shares of Kainos Group in a research report on Monday, April 20th. Canaccord Genuity Group restated a “buy” rating and set a GBX 1,150 price objective on shares of Kainos Group in a research report on Wednesday, March 4th. Stifel Nicolaus restated a “buy” rating and set a GBX 1,282 price objective on shares of Kainos Group in a research report on Tuesday, April 21st. Finally, Berenberg Bank restated a “buy” rating and set a GBX 1,185 price objective on shares of Kainos Group in a research report on Tuesday, April 21st. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat, Kainos Group currently has an average rating of “Buy” and an average target price of GBX 1,163.40.
Get Our Latest Stock Report on KNOS
Kainos Group Price Performance
The stock has a 50 day moving average of GBX 787.06 and a two-hundred day moving average of GBX 884.40. The company has a debt-to-equity ratio of 5.05, a quick ratio of 1.59 and a current ratio of 1.23. The firm has a market capitalization of £945.76 million, a P/E ratio of 32.84, a P/E/G ratio of 2.15 and a beta of 0.79.
Kainos Group Company Profile
Kainos Group plc engages in the provision of digital technology services in the United Kingdom, Ireland, North America, Central Europe, and internationally. It operates through three segments: Digital Services, Workday Services, and Workday Products. The Digital Services segment develops and supports custom digital service platforms for transforming service delivery in public, commercial, and healthcare sectors. The Workday Services segment provides consulting, project management, integration, and post deployment services for Workday’s software suite, which includes cloud-based software for human capital management, and financial management, and adaptive planning.