Kainos Group’s (KNOS) “Buy” Rating Reaffirmed at Shore Capital

Shore Capital reissued their buy rating on shares of Kainos Group (LON:KNOS) in a research note issued to investors on Friday,London Stock Exchange reports.

A number of other analysts have also issued reports on KNOS. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,415 ($18.21) target price on shares of Kainos Group in a research report on Friday, October 4th. Deutsche Bank Aktiengesellschaft lowered their price objective on Kainos Group from GBX 1,235 ($15.89) to GBX 1,185 ($15.25) and set a “buy” rating for the company in a report on Tuesday, September 17th.

Kainos Group Trading Up 6.2 %

Shares of KNOS opened at GBX 844 ($10.86) on Friday. The stock’s 50-day moving average is GBX 843.82 and its two-hundred day moving average is GBX 1,000.13. The stock has a market cap of £1.06 billion, a PE ratio of 2,164.10, a P/E/G ratio of 2.15 and a beta of 0.79. Kainos Group has a 12 month low of GBX 726 ($9.34) and a 12 month high of GBX 1,288 ($16.57). The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.59.

Kainos Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, December 13th. Stockholders of record on Thursday, November 21st will be paid a GBX 9.30 ($0.12) dividend. This represents a dividend yield of 1.17%. The ex-dividend date of this dividend is Thursday, November 21st. Kainos Group’s dividend payout ratio (DPR) is presently 6,923.08%.

About Kainos Group

Kainos Group plc engages in the provision of digital technology services in the United Kingdom, Ireland, North America, Central Europe, and internationally. It operates through three segments: Digital Services, Workday Services, and Workday Products. The Digital Services segment develops and supports custom digital service platforms for transforming service delivery in public, commercial, and healthcare sectors.