Kooth (LON:KOO) Trading 1.1% Higher – What’s Next?
by Teresa Graham · The Cerbat GemKooth plc (LON:KOO – Get Free Report) shot up 1.1% on Wednesday . The company traded as high as GBX 117 and last traded at GBX 116.25. 4,710 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 87,185 shares. The stock had previously closed at GBX 115.
Wall Street Analysts Forecast Growth
KOO has been the topic of a number of recent analyst reports. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 430 price target on shares of Kooth in a report on Wednesday, November 19th. Berenberg Bank raised their target price on Kooth from GBX 260 to GBX 300 and gave the company a “buy” rating in a research report on Tuesday, September 23rd. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 365.
Read Our Latest Analysis on Kooth
Kooth Stock Up 1.1%
The firm has a market capitalization of £41.88 million, a PE ratio of 14.53 and a beta of 0.71. The stock has a 50-day simple moving average of GBX 124.09 and a 200-day simple moving average of GBX 148.46. The company has a quick ratio of 2.36, a current ratio of 2.19 and a debt-to-equity ratio of 0.13.
About Kooth
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.