Kinaxis (TSE:KXS) Shares Pass Above Fifty Day Moving Average of $153.68

Shares of Kinaxis Inc. (TSE:KXSGet Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$153.68 and traded as high as C$158.94. Kinaxis shares last traded at C$157.48, with a volume of 29,470 shares trading hands.

Wall Street Analyst Weigh In

Several research analysts have issued reports on KXS shares. CIBC dropped their price target on Kinaxis from C$200.00 to C$185.00 and set an “outperform” rating on the stock in a report on Thursday, January 11th. Scotiabank upped their price objective on shares of Kinaxis from C$200.00 to C$220.00 and gave the company an “outperform” rating in a research report on Wednesday, January 31st. Five research analysts have rated the stock with a buy rating, According to MarketBeat, Kinaxis currently has a consensus rating of “Buy” and a consensus price target of C$205.83.

View Our Latest Analysis on KXS

Kinaxis Stock Performance

The company has a debt-to-equity ratio of 11.08, a current ratio of 3.01 and a quick ratio of 2.29. The company has a market capitalization of C$4.49 billion, a price-to-earnings ratio of 228.23, a PEG ratio of 3.60 and a beta of 0.82. The company’s 50-day moving average price is C$153.68 and its two-hundred day moving average price is C$154.96.

Insider Activity at Kinaxis

In other news, Director John Ernest Sicard sold 28,987 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of C$151.56, for a total value of C$4,393,255.23. In related news, Director John Ernest Sicard sold 28,987 shares of the company’s stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of C$151.56, for a total transaction of C$4,393,255.23. Also, Senior Officer Andrew William Robert Bell sold 750 shares of the company’s stock in a transaction on Wednesday, December 20th. The shares were sold at an average price of C$152.04, for a total transaction of C$114,032.48. Following the sale, the insider now owns 586 shares of the company’s stock, valued at C$89,097.37. Over the last 90 days, insiders sold 87,380 shares of company stock valued at $13,320,769. Corporate insiders own 1.15% of the company’s stock.

Kinaxis Company Profile

(Get Free Report)

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, Romania, France, Ireland, Germany, India, and Canada. It offers Kinaxis, a cloud-based platform, which provides advanced planning, sales and operations planning, supply and demand planning, inventory management, and command and control center services.

Featured Stories

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.