Kinovo (LON:KINO) Rating Reiterated by Canaccord Genuity Group

Kinovo (LON:KINO)‘s stock had its “speculative buy” rating reiterated by equities researchers at Canaccord Genuity Group in a research report issued on Thursday, MarketBeat Ratings reports. They presently have a GBX 65 ($0.82) target price on the stock. Canaccord Genuity Group’s target price points to a potential upside of 37.71% from the company’s current price.

Kinovo Trading Down 5.2 %

LON:KINO opened at GBX 47.20 ($0.59) on Thursday. Kinovo has a 12 month low of GBX 25 ($0.31) and a 12 month high of GBX 70 ($0.88). The company has a current ratio of 0.77, a quick ratio of 0.53 and a debt-to-equity ratio of 95.17. The stock has a market capitalization of £29.70 million, a price-to-earnings ratio of 674.29 and a beta of 0.89. The firm has a fifty day simple moving average of GBX 43.82 and a two-hundred day simple moving average of GBX 51.38.

Insider Activity at Kinovo

In other news, insider Sangita Shah acquired 110,565 shares of the firm’s stock in a transaction dated Friday, March 8th. The stock was purchased at an average price of GBX 41 ($0.52) per share, for a total transaction of £45,331.65 ($56,942.16). 59.10% of the stock is currently owned by corporate insiders.

Kinovo Company Profile

Kinovo plc, through its subsidiaries, provides gas heating, electrical, and general building services to housing associations and local authorities, public buildings, industrial and commercial, and education and private sectors in the United Kingdom. The company operates through Mechanical Services, Building Services, and Electrical Services segments.