Kooth (LON:KOO) Issues Earnings Results

Kooth (LON:KOOGet Free Report) issued its earnings results on Wednesday. The company reported GBX 5 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Kooth had a net margin of 4.12% and a return on equity of 8.84%.

Kooth Stock Down 2.8%

KOO stock opened at GBX 171 on Wednesday. The stock has a market capitalization of £62.06 million, a price-to-earnings ratio of 24.43 and a beta of 1.29. Kooth has a 52-week low of GBX 96 and a 52-week high of GBX 202. The stock’s fifty day simple moving average is GBX 163.25 and its 200-day simple moving average is GBX 147.99.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 330 target price on shares of Kooth in a research note on Wednesday, July 29th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of GBX 345.

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About Kooth

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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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