Knights Group (LON:KGH) Stock Price Down 0.3% – Time to Sell?

Knights Group Holdings plc (LON:KGH) shares fell 0.3% during mid-day trading on Monday. The stock traded as low as GBX 167.45 and last traded at GBX 168.50. Approximately 111,094 shares were traded during mid-day trading, a decline of 44% from the average session volume of 197,893 shares. The stock had previously closed at GBX 169.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 355 target price on shares of Knights Group in a research note on Friday, August 21st. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of GBX 261.67.

Knights Group Trading Down 0.3%

The company has a quick ratio of 2.10, a current ratio of 2.26 and a debt-to-equity ratio of 116.67. The business has a fifty day simple moving average of GBX 172.32 and a 200 day simple moving average of GBX 174.35. The company has a market cap of £144.85 million, a price-to-earnings ratio of 32.34 and a beta of 1.46.

Knights Group (LON:KGH) last posted its quarterly earnings results on Monday, July 6th. The company reported GBX 28.14 earnings per share for the quarter. Knights Group had a net margin of 2.28% and a return on equity of 4.58%. On average, equities analysts anticipate that Knights Group Holdings plc will post 22.0875439 EPS for the current fiscal year.

Knights Group Company Profile

Knights Group Holdings plc provides legal and professional services in the United Kingdom. The company offers business services comprising of banking, commercial, corporate, data protection, debt advisory , dispute resolution, and housing and regeneration. It also offers services in the areas of immigration, licensing and gambling, and employment. In addition, the company provides personal services in the areas of agriculture, charities, conveyancing, family, landed estates, planning, professional discipline, tax and trusts, and wills and estates.