Kooth (LON:KOO) Shares Down 1.7% – Time to Sell?

Kooth plc (LON:KOO)’s share price was down 1.7% during trading on Friday . The stock traded as low as GBX 149 ($1.93) and last traded at GBX 149 ($1.93). Approximately 36,985 shares traded hands during trading, a decline of 70% from the average daily volume of 124,590 shares. The stock had previously closed at GBX 151.50 ($1.96).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 580 ($7.49) price objective on shares of Kooth in a research report on Thursday, January 23rd.

Kooth Stock Performance

The company has a debt-to-equity ratio of 0.13, a current ratio of 2.19 and a quick ratio of 2.36. The firm has a market cap of £54.69 million, a price-to-earnings ratio of 14.00 and a beta of 0.71. The firm has a fifty day simple moving average of GBX 165.44 and a two-hundred day simple moving average of GBX 214.45.

Kooth Company Profile

At Kooth, our sole purpose is to create easy-to-access online mental health services that work alongside you to provide compassionate and effective support.