kneat.com (TSE:KSI) Downgraded to “Sell” Rating by TD

kneat.com (TSE:KSI) was downgraded by equities research analysts at TD from a “buy” rating to a “sell” rating in a research note issued to investors on Tuesday,BayStreet.CA reports. They currently have a C$6.50 price objective on the stock, up from their previous price objective of C$6.00. TD’s price target would indicate a potential upside of 1.09% from the company’s previous close.

KSI has been the subject of several other research reports. ATB Cormark Capital Markets upped their price target on kneat.com from C$6.00 to C$7.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Raymond James Financial cut their price target on kneat.com from C$7.00 to C$5.50 and set an “outperform” rating for the company in a report on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of C$6.30.

kneat.com Price Performance

kneat.com stock remained flat at C$6.43 during trading hours on Tuesday. The company’s stock had a trading volume of 850,495 shares, compared to its average volume of 207,407. The company’s fifty day simple moving average is C$4.58 and its 200-day simple moving average is C$4.43. The company has a debt-to-equity ratio of 42.42, a quick ratio of 1.50 and a current ratio of 1.41. The stock has a market cap of C$618.13 million, a P/E ratio of -80.38, a PEG ratio of 597.67 and a beta of 1.18. kneat.com has a 12-month low of C$3.23 and a 12-month high of C$6.73.

kneat.com (TSE:KSI) last posted its quarterly earnings results on Wednesday, May 13th. The company reported C($0.04) EPS for the quarter. The firm had revenue of C$18.00 million during the quarter. kneat.com had a negative net margin of 12.69% and a negative return on equity of 12.95%. As a group, analysts forecast that kneat.com will post -0.12 EPS for the current fiscal year.

About kneat.com

Kneat Solutions provides leading companies in highly regulated industries with unparalleled efficiency in validation and compliance through its digital validation platform Kneat Gx. As an industry leader in customer satisfaction, Kneat boasts an excellent record for implementation, powered by our user-friendly design, expert support, and on-demand training academy. Kneat Gx is an industry-leading digital validation platform that enables highly regulated companies to manage any validation discipline from end-to-end.