Kinovo (LON:KINO) Trading 0.8% Higher

Kinovo plc (LON:KINO)’s stock price shot up 0.8% during trading on Tuesday . The stock traded as high as GBX 65.97 ($0.86) and last traded at GBX 65 ($0.85). 31,919 shares changed hands during mid-day trading, a decline of 75% from the average session volume of 129,134 shares. The stock had previously closed at GBX 64.50 ($0.84).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 95 ($1.24) price objective on shares of Kinovo in a research note on Friday, August 9th.

Kinovo Price Performance

The stock’s 50 day moving average is GBX 69.74 and its two-hundred day moving average is GBX 57.30. The stock has a market capitalization of £41.14 million, a PE ratio of 812.50 and a beta of 1.04. The company has a debt-to-equity ratio of 95.17, a current ratio of 0.71 and a quick ratio of 0.53.

About Kinovo

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.