Kooth (LON:KOO) Trading Down 1.1%

Kooth plc (LON:KOO)’s share price was down 1.1% during mid-day trading on Wednesday . The stock traded as low as GBX 262 ($3.26) and last traded at GBX 263 ($3.27). Approximately 6,594 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 38,688 shares. The stock had previously closed at GBX 266 ($3.31).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group upped their target price on shares of Kooth from GBX 565 ($7.03) to GBX 580 ($7.22) and gave the company a “buy” rating in a report on Wednesday, March 27th.

Kooth Stock Performance

The stock has a market cap of £95.58 million, a PE ratio of -9,033.33 and a beta of 0.70. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.36 and a current ratio of 1.86. The firm’s 50-day moving average is GBX 273.65 and its 200 day moving average is GBX 292.23.

About Kooth

Kooth plc, together with its subsidiaries, provides digital mental health services to children, young people, and adults in the United Kingdom. It operates online platforms that offers various therapeutic support and interventions, including anonymous and personalised mental health support; and a community with a library of peer and professional created content, as well as provides online counselling, coaching, and support services under the Kooth, Qwell, and Soluna names.