Kinaxis (OTCMKTS:KXSCF) Posts Earnings Results, Beats Expectations By $997.86 EPS

Kinaxis (OTCMKTS:KXSCF) announced its earnings results on Wednesday. The company reported $999.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.14 by $997.86, reports. Kinaxis had a return on equity of 16.43% and a net margin of 12.90%.

Kinaxis Stock Up 3.2%

OTCMKTS KXSCF traded up $3.30 during trading on Thursday, hitting $107.55. The stock had a trading volume of 801 shares, compared to its average volume of 10,861. The company has a market capitalization of $2.94 billion and a PE ratio of 158.17. The company’s 50-day moving average price is $100.58 and its two-hundred day moving average price is $111.55. 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 has a 12 month low of $84.70 and a 12 month high of $158.91.

Wall Street Analysts Forecast Growth

Separately, Scotiabank reiterated an “outperform” rating on shares of Kinaxis in a report on Wednesday, February 4th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy”.

About Kinaxis

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.