Knights Group (LON:KGH) Shares Climb 0.6% – Still a Buy?

Knights Group Holdings plc (LON:KGH) rose 0.6% on Monday. The company traded as high as GBX 170 and last traded at GBX 166. 335,702 shares traded hands during mid-day trading, an increase of 66% from the average daily volume of 202,317 shares. The stock had previously closed at GBX 165.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 355 price target on shares of Knights Group in a report on Friday, August 21st. Three research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of GBX 261.67.

Knights Group Stock Performance

The company has a market capitalization of £142.71 million, a P/E ratio of 31.86 and a beta of 1.46. The company’s 50 day moving average is GBX 169.31 and its 200-day moving average is GBX 175.08. The company has a current ratio of 2.26, a quick ratio of 2.10 and a debt-to-equity ratio of 116.67.

Knights Group Company Profile

Knights Group Holdings plc provides legal and professional services in the United Kingdom. The company offers business services comprising of banking, commercial, corporate, data protection, debt advisory , dispute resolution, and housing and regeneration. It also offers services in the areas of immigration, licensing and gambling, and employment. In addition, the company provides personal services in the areas of agriculture, charities, conveyancing, family, landed estates, planning, professional discipline, tax and trusts, and wills and estates.