Kooth (LON:KOO) Trading 1.6% Higher – Here’s Why
by Mitch Edgeman · The Markets DailyKooth plc (LON:KOO – Get Free Report)’s share price rose 1.6% during mid-day trading on Tuesday . The company traded as high as GBX 160 and last traded at GBX 160. 20,789 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 98,708 shares. The stock had previously closed at GBX 157.50.
Wall Street Analysts Forecast Growth
A number of equities research analysts have commented on KOO shares. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 330 price objective on shares of Kooth in a research report on Wednesday, April 8th. Stifel Nicolaus reaffirmed a “buy” rating and set a GBX 360 price objective on shares of Kooth in a research report on Tuesday, April 21st. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 330.
Get Our Latest Stock Analysis on KOO
Kooth Trading Down 0.2%
The firm has a market cap of £57.04 million, a PE ratio of 22.46 and a beta of 1.30. The business has a fifty day moving average price of GBX 160.36 and a 200 day moving average price of GBX 134.79.
About Kooth
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.