Kinaxis Inc (TSE:KXS) Director John Ernest Sicard bought 300 shares of the firm’s stock in a transaction that occurred on Tuesday, November 13th. The stock was bought at an average price of C$67.60 per share, for a total transaction of C$20,280.00.
Shares of Kinaxis stock opened at C$67.31 on Wednesday. The company has a current ratio of 3.07, a quick ratio of 2.97 and a debt-to-equity ratio of 7.13. Kinaxis Inc has a 12 month low of C$66.97 and a 12 month high of C$100.68.
A number of equities analysts recently issued reports on the company. TD Securities lifted their target price on Kinaxis from C$98.00 to C$105.00 and gave the stock a “buy” rating in a report on Tuesday, August 7th. BMO Capital Markets lifted their target price on Kinaxis from C$93.00 to C$105.00 and gave the stock an “outperform” rating in a report on Tuesday, August 7th. Canaccord Genuity decreased their target price on Kinaxis from C$100.00 to C$97.50 in a report on Friday, November 9th. Royal Bank of Canada lifted their target price on Kinaxis from C$95.00 to C$105.00 and gave the stock an “outperform” rating in a report on Monday, July 30th. Finally, CIBC raised their target price on Kinaxis from C$107.00 to C$111.00 in a research report on Monday, October 22nd. Seven investment analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and an average price target of C$98.94.
Kinaxis Inc provides cloud-based software for supply chain operations. The company offers RapidResponse, which provides supply chain planning and analytics capabilities for managing various supply chain management processes, including supply planning, inventory management, order fulfillment, capacity planning, and master scheduling, as well as sales and operations planning process.
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