Kooth (LON:KOO) Trading 7.1% Higher – Still a Buy?

Shares of Kooth plc (LON:KOO) traded up 7.1% on Tuesday . The stock traded as high as GBX 172 and last traded at GBX 165. 168,933 shares changed hands during mid-day trading, an increase of 58% from the average session volume of 106,699 shares. The stock had previously closed at GBX 154.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Stifel Nicolaus reissued a “buy” rating and issued a GBX 360 target price on shares of Kooth in a research note on Tuesday, April 21st. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 330 target price on shares of Kooth in a research note on Wednesday, April 8th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of GBX 330.

Kooth Trading Up 1.2%

The stock’s 50 day moving average price is GBX 140.52 and its 200 day moving average price is GBX 126.26. The company has a market cap of £61.66 million, a price-to-earnings ratio of 24.29 and a beta of 1.24.

Kooth (LON:KOO) last posted its quarterly earnings data on Wednesday, April 8th. The company reported GBX 0.07 EPS for the quarter. Kooth had a net margin of 4.12% and a return on equity of 8.84%. The company had revenue of GBX 6,329 million during the quarter. On average, equities analysts expect that Kooth plc will post 12.9798903 earnings per share for the current fiscal year.

Kooth Company Profile

At Kooth, our sole purpose is to create easy-to-access online mental health services that work alongside you to provide compassionate and effective support.