Kooth (LON:KOO) Posts Earnings Results

Kooth (LON:KOO – Get 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 Performance

Shares of KOO stock traded down GBX 1.80 on Thursday, reaching GBX 168.20. 177,465 shares of the company’s stock traded hands, compared to its average volume of 105,143. Kooth has a 12-month low of GBX 96 and a 12-month high of GBX 202. The business’s 50 day moving average price is GBX 163.51 and its two-hundred day moving average price is GBX 148.36. The company has a market capitalization of £61.04 million, a P/E ratio of 24.03 and a beta of 1.32.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 330 price objective on shares of Kooth in a research note on Wednesday. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Kooth currently has an average rating of “Buy” and a consensus target price of GBX 345.

Read Our Latest Research Report on KOO

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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