Kainos Group (LON:KNOS) Stock Crosses Below 200 Day Moving Average – Here’s Why

Shares of Kainos Group plc (LON:KNOS) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 864.63 ($10.88) and traded as low as GBX 775 ($9.75). Kainos Group shares last traded at GBX 794 ($9.99), with a volume of 203,480 shares.

Analyst Ratings Changes

Separately, Shore Capital restated a “buy” rating on shares of Kainos Group in a research report on Friday, February 7th.

Kainos Group Stock Up 0.8 %

The company has a debt-to-equity ratio of 3.76, a current ratio of 1.81 and a quick ratio of 1.59. The company has a market capitalization of £1.00 billion, a price-to-earnings ratio of 20.81, a PEG ratio of 2.15 and a beta of 0.79. The firm has a 50-day moving average price of GBX 789.70 and a two-hundred day moving average price of GBX 862.80.

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.