Kinaxis (OTCMKTS:KXSCF) Trading Up 9.3% – Here’s What Happened

Kinaxis Inc. (OTCMKTS:KXSCF)’s stock price was up 9.3% during trading on Monday . The stock traded as high as $116.6450 and last traded at $116.6450. Approximately 310 shares traded hands during trading, a decline of 97% from the average daily volume of 10,677 shares. The stock had previously closed at $106.7315.

Analyst Ratings Changes

Several equities analysts have recently commented on KXSCF shares. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Kinaxis in a report on Friday, May 8th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Kinaxis in a report on Friday, May 8th. Scotiabank reaffirmed an “outperform” rating on shares of Kinaxis in a report on Wednesday, February 4th. Finally, Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Kinaxis in a report on Friday, May 8th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Kinaxis has a consensus rating of “Buy”.

Kinaxis Price Performance

The firm has a market capitalization of $3.32 billion and a P/E ratio of 70.67. The business has a fifty day moving average of $103.32 and a 200-day moving average of $109.21. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.97 and a current ratio of 1.97.

Kinaxis Company Profile

Kinaxis Inc provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. It offers RapidResponse, a cloud-based platform, which provides advanced planning, sales and operation planning, supply and demand planning, inventory management, and command and control center services. The company also provides strategic services, such as digital business transformation, advanced analytics, and digital innovation and acceleration services; implementation, including agile implementation methodology, RapidStart, sustainment, and rollout services; and continuous learning services consisting of Kinaxis learning center, custom learning programs, and certification, as well as support services.