Kooth (LON:KOO) Stock Price Up 1.2% – Time to Buy?

Kooth plc (LON:KOO)’s share price shot up 1.2% during mid-day trading on Wednesday . The stock traded as high as GBX 124 and last traded at GBX 124. 28,485 shares were traded during trading, a decline of 68% from the average session volume of 90,211 shares. The stock had previously closed at GBX 122.50.

Analysts Set New Price Targets

KOO has been the subject of a number of recent research reports. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 430 price target on shares of Kooth in a report on Wednesday, November 19th. Berenberg Bank lifted their target price on shares of Kooth from GBX 260 to GBX 300 and gave the stock a “buy” rating in a research note on Tuesday, September 23rd. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of GBX 365.

Kooth Stock Performance

The company has a market cap of £44.67 million, a price-to-earnings ratio of 15.50 and a beta of 0.71. The company has a current ratio of 2.19, a quick ratio of 2.36 and a debt-to-equity ratio of 0.13. The stock’s 50 day moving average price is GBX 130.99 and its 200 day moving average price is GBX 153.92.

Kooth (LON:KOO) last released its earnings results on Tuesday, September 23rd. The company reported GBX (0.03) earnings per share (EPS) for the quarter. Kooth had a net margin of 7.89% and a return on equity of 18.59%. On average, analysts expect that Kooth plc will post 12.9798903 EPS for the current fiscal year.

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.