Could Kainos Group PLC Crash Even More? The Stock Had Another Big Decline Today

 Could Kainos Group PLC Crash Even More? The Stock Had Another Big Decline Today

The stock of Kainos Group PLC (LON:KNOS) is a huge mover today! The stock decreased 0.23% or GBX 0.5 on November 29, hitting GBX 220. About 105,453 shares traded hands. Kainos Group PLC (LON:KNOS) has risen 17.76% since May 2, 2016 and is uptrending. It has outperformed by 12.50% the S&P500.
The move comes after 6 months negative chart setup for the GBX 262.00M company. It was reported on Nov, 29 by Barchart.com. We have GBX 202.40 PT which if reached, will make LON:KNOS worth GBX 20.96M less.

Kainos Group PLC (LON:KNOS) Ratings Coverage

Out of 2 analysts covering Kainos Group Plc (LON:KNOS), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Kainos Group Plc has been the topic of 7 analyst reports since September 9, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Investec given on Wednesday, March 16. Shore Capital maintained the stock with “Buy” rating in Monday, November 28 report. Shore Capital maintained the stock with “Buy” rating in Wednesday, September 28 report. Investec maintained the shares of KNOS in a report on Thursday, November 26 with “Hold” rating. On Monday, November 23 the stock rating was downgraded by Investec to “Hold”. The stock of Kainos Group PLC (LON:KNOS) earned “Buy” rating by Investec on Monday, November 28.

Another recent and important Kainos Group PLC (LON:KNOS) news was published by Businesswire.com which published an article titled: “InTouch Health and Kainos Evolve® Announce Strategic Partnership to Provide …” on March 16, 2016.

Kainos Group plc is a digital services company. The company has a market cap of 262.00 million GBP. The Firm offers information technology services and products to clients in a range of markets, including government, healthcare and financial services. It has a 20.73 P/E ratio. The Company’s divisions include Digital Services, Evolve and WorkSmart.

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