Kinovo (LON:KINO) Earns Buy Rating from Canaccord Genuity Group

Kinovo (LON:KINO)‘s stock had its “buy” rating restated by Canaccord Genuity Group in a report issued on Thursday, Marketbeat Ratings reports. They currently have a GBX 95 ($1.24) target price on the stock. Canaccord Genuity Group’s target price points to a potential upside of 61.02% from the company’s current price.

Kinovo Price Performance

LON:KINO opened at GBX 59 ($0.77) on Thursday. The company has a quick ratio of 0.53, a current ratio of 0.71 and a debt-to-equity ratio of 95.17. The firm has a market cap of £37.36 million, a PE ratio of 737.50 and a beta of 1.04. Kinovo has a 12 month low of GBX 25 ($0.33) and a 12 month high of GBX 79 ($1.03). The company’s 50-day moving average price is GBX 65.02 and its two-hundred day moving average price is GBX 63.28.

Kinovo Company Profile

Kinovo plc, through its subsidiaries, provides gas heating, electrical, and general building services to housing associations and local authorities, public buildings, industrial and commercial, and education and private sectors in the United Kingdom. The company operates through Mechanical Services, Building Services, and Electrical Services segments.