Knights Group (LON:KGH) Shares Down 1.1% – Should You Sell?

Knights Group Holdings plc (LON:KGH)’s share price was down 1.1% on Thursday . The company traded as low as GBX 185 and last traded at GBX 185. Approximately 1,835,335 shares changed hands during trading, an increase of 733% from the average daily volume of 220,285 shares. The stock had previously closed at GBX 187.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on KGH shares. Stifel Nicolaus reiterated a “buy” rating and issued a GBX 220 target price on shares of Knights Group in a research report on Wednesday, May 20th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 210 price target on shares of Knights Group in a report on Thursday, May 21st. Three investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of GBX 258.33.

Knights Group Stock Down 1.1%

The firm has a market cap of £159.04 million, a P/E ratio of 146.83 and a beta of 1.46. The company’s 50-day simple moving average is GBX 172.54 and its 200 day simple moving average is GBX 173.21. The company has a debt-to-equity ratio of 136.39, a current ratio of 2.53 and a quick ratio of 2.10.

About Knights Group

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.