Kinaxis Inc. (TSE:KXS – Get Rating)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$156.47 and traded as high as C$168.97. Kinaxis shares last traded at C$167.46, with a volume of 54,026 shares traded.
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on the company. TD Securities raised their price objective on Kinaxis from C$200.00 to C$210.00 and gave the stock a “buy” rating in a report on Friday, March 3rd. Royal Bank of Canada raised their target price on Kinaxis from C$200.00 to C$210.00 and gave the company an “outperform” rating in a report on Friday, March 3rd. Scotiabank raised their target price on Kinaxis from C$203.00 to C$225.00 in a report on Friday, March 3rd. ATB Capital raised their target price on Kinaxis from C$200.00 to C$210.00 in a report on Friday, March 3rd. Finally, BMO Capital Markets raised their target price on Kinaxis from C$185.00 to C$200.00 in a report on Friday, March 3rd. Five equities research 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 target price of C$217.50.
Kinaxis Stock Down 0.1 %
The company has a debt-to-equity ratio of 14.19, a quick ratio of 2.29 and a current ratio of 2.09. The firm has a fifty day simple moving average of C$156.47 and a 200-day simple moving average of C$149.40. The company has a market capitalization of C$4.60 billion, a PE ratio of 178.15, a P/E/G ratio of 3.60 and a beta of 0.82.
Insiders Place Their Bets
Kinaxis Company Profile
Kinaxis Inc provides cloud-based subscription software for supply chain operations in the United States, Japan, Hong Kong, The Netherlands, South Korea, the United Kingdom, Singapore, France, Ireland, Germany, India, and Canada. It offers Kinaxis, a cloud-based software-as-a-service platform, which provides advanced planning, sales and operations planning, supply and demand planning, inventory management, and command and control center services.
- First Republic: First Rate Risk or Time To Buy?
- These Hedge Funds Are Getting Crushed By SVB
- Buy The Dip In The Charles Schwab Corporation
- ZIM Integrated Shipping Services: Up 15% But Don’t Chase It
- FedEx Is A Buy Going Into Earnings
Receive News & Ratings for Kinaxis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinaxis and related companies with MarketBeat.com's FREE daily email newsletter.