Kahoot! ASA (OTCMKTS:KHOTF) Shares Down 5%

Kahoot! ASA (OTCMKTS:KHOTF – Get Rating) dropped 5% on Monday . The stock traded as low as $1.52 and last traded at $1.52. Approximately 400 shares traded hands during trading, a decline of 97% from the average daily volume of 13,238 shares. The stock had previously closed at $1.60.

Analyst Ratings Changes

KHOTF has been the subject of several recent analyst reports. JPMorgan Chase & Co. increased their price target on Kahoot! ASA from 29.00 to 33.00 in a research note on Monday, December 5th. Pareto Securities began coverage on Kahoot! ASA in a research note on Monday, November 21st. They set a “buy” rating on the stock. SEB Equities cut Kahoot! ASA from a “buy” rating to a “hold” rating and set a 23.00 price target on the stock. in a report on Friday, November 4th. DNB Markets upgraded Kahoot! ASA from a “sell” rating to a “hold” rating in a report on Friday, November 4th. Finally, Morgan Stanley began coverage on Kahoot! ASA in a report on Tuesday, October 4th. They set an “overweight” rating on the stock. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $32.33.

Kahoot! ASA Stock Performance

The company has a fifty day moving average price of $2.10 and a two-hundred day moving average price of $2.07.

Kahoot! ASA Company Profile

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Kahoot! ASA operates a game-based learning platform in the United States, Canada, Europe, the Asia Pacific, the Latin America and the Caribbean, Africa, the Middle East, and India. The company's platforms help to create, share, and host learning sessions. It offers Kahoot! Learning platform for learning and engagement services; employee engagement and learning platforms, such as Actimo and Motimate; Drops, a language learning app for visuals and play; Kahoot! DragonBox app for math learning; and Kahoot! Poio Read app, which empowers children to learn to read through play.