Kinaxis (OTCMKTS:KXSCF) Trading at $125.63

Kinaxis Inc. (OTCMKTS:KXSCF) was up 0% during trading on Thursday. The company traded as high as $125.6290 and last traded at $125.6290. Approximately 11,137 shares changed hands during mid-day trading, an increase of 62% from the average session volume of 6,895 shares. The stock had previously closed at $125.6240.

Analysts Set New Price Targets

Several research firms have commented on KXSCF. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Kinaxis in a research note on Monday, July 20th. BMO Capital Markets reissued an “outperform” rating on shares of Kinaxis in a research note on Tuesday, August 4th. Four analysts have rated the stock with a Buy rating, According to MarketBeat, Kinaxis currently has a consensus rating of “Buy”.

Kinaxis Price Performance

The stock’s fifty day moving average price is $124.36 and its 200-day moving average price is $112.69. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.88 and a current ratio of 1.88. The firm has a market cap of $3.39 billion and a PE ratio of 50.09.

Kinaxis Company Profile

Kinaxis Inc is a Canadian supply chain management software company that provides cloud-based solutions for planning, monitoring and orchestrating complex supply chain operations. Its platform is designed to help organizations improve visibility, coordinate activities across suppliers and production networks, and respond more quickly to changes in demand, supply and other operating conditions.

The company’s primary offering, Kinaxis Maestro, formerly known as RapidResponse, supports concurrent planning across areas such as demand and supply planning, inventory management, production, sales and operations planning, and supply chain control-tower operations.