Kooth (LON:KOO) Shares Up 11.3% – Still a Buy?

Kooth plc (LON:KOOGet Free Report) shares were up 11.3% on Thursday . The company traded as high as GBX 168 and last traded at GBX 162.50. 1,031,003 shares were traded during mid-day trading, an increase of 982% from the average daily volume of 95,330 shares. The stock had previously closed at GBX 146.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 330 price objective on shares of Kooth in a research report on Wednesday, July 29th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 330.

Get Our Latest Analysis on Kooth

Kooth Trading Up 11.3%

The stock has a market capitalization of £58.94 million, a P/E ratio of 23.21 and a beta of 1.29. The stock’s 50 day simple moving average is GBX 154.39 and its 200 day simple moving average is GBX 140.02.

About Kooth

(Get Free Report)

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.

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