Kinovo (LON:KINO) Shares Up 2.4% – Time to Buy?

Kinovo plc (LON:KINO)’s share price shot up 2.4% on Friday . The stock traded as high as GBX 64 ($0.83) and last traded at GBX 64 ($0.83). 122,594 shares changed hands during trading, an increase of 71% from the average session volume of 71,870 shares. The stock had previously closed at GBX 62.50 ($0.81).

Kinovo Stock Performance

The company has a market capitalization of £38.72 million, a P/E ratio of -62.98 and a beta of 1.04. The stock’s fifty day moving average price is GBX 62.16 and its 200-day moving average price is GBX 63.41. The company has a debt-to-equity ratio of -118.96, a quick ratio of 0.53 and a current ratio of 0.71.

Kinovo Company Profile

Kinovo plc, through its subsidiaries, provides gas heating, electrical, and general building services to housing associations and local authorities, public buildings, industrial and commercial, and education and private sectors in the United Kingdom. The company operates through Mechanical Services, Building Services, and Electrical Services segments.