Kinaxis (OTCMKTS:KXSCF) Trading Up 1.9%

Kinaxis Inc. (OTCMKTS:KXSCF)’s share price was up 1.9% during mid-day trading on Thursday . The company traded as high as $142.27 and last traded at $142.27. Approximately 100 shares were traded during trading, a decline of 92% from the average daily volume of 1,230 shares. The stock had previously closed at $139.56.

KXSCF has been the topic of a number of recent analyst reports. CIBC increased their price objective on shares of Kinaxis from $230.00 to $288.00 and gave the company an “outperform” rating in a research report on Friday, October 16th. Royal Bank of Canada increased their target price on shares of Kinaxis from $240.00 to $260.00 and gave the company an “outperform” rating in a research report on Friday, November 6th. Finally, Scotiabank lowered their price objective on shares of Kinaxis from $252.00 to $241.00 and set an “outperform” rating on the stock in a research report on Friday, November 6th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Kinaxis currently has an average rating of “Buy” and an average target price of $236.29.

The business’s fifty day moving average price is $137.86 and its 200 day moving average price is $146.00.

Kinaxis Company Profile (OTCMKTS:KXSCF)

Kinaxis Inc provides cloud-based subscription software for supply chain operations in the United States, Europe, Asia, and Canada. The company offers RapidResponse, which provide supply chain planning and analytics capabilities for managing various supply chain management processes, including demand planning, supply planning, inventory management, order fulfillment, capacity planning, and machine learning, as well as sales and operations planning process.

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