Kainos Group PLC (LON:KNOS) hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 900 ($11.84) and last traded at GBX 886 ($11.65), with a volume of 226899 shares. The stock had previously closed at GBX 855 ($11.25).
Separately, Shore Capital lowered shares of Kainos Group to a “hold” rating in a research report on Thursday, April 16th.
The stock has a 50-day simple moving average of GBX 705.92 and a 200 day simple moving average of GBX 704.85. The company has a market cap of $1.04 billion and a PE ratio of 55.03. The company has a quick ratio of 2.17, a current ratio of 2.23 and a debt-to-equity ratio of 7.46.
Kainos Group plc provides digital technology services and platforms for public and private organizations worldwide. The company operates through two divisions, Digital Services and Digital Platforms. The Digital Services division delivers customized online digital solutions, principally for central, regional, and local government departments and agencies, as well as for commercial sector organizations.
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