Timothy John Barker Purchases 20,000 Shares of Kooth plc (LON:KOO) Stock

Kooth plc (LON:KOO) insider Timothy John Barker bought 20,000 shares of the business’s stock in a transaction dated Wednesday, October 30th. The stock was bought at an average price of GBX 160 ($2.07) per share, for a total transaction of £32,000 ($41,499.16).

Kooth Price Performance

KOO opened at GBX 172.50 ($2.24) on Thursday. The firm has a market cap of £62.93 million, a price-to-earnings ratio of 1,437.50 and a beta of 0.71. Kooth plc has a fifty-two week low of GBX 157 ($2.04) and a fifty-two week high of GBX 354 ($4.59). The company’s 50-day moving average price is GBX 294.28 and its 200 day moving average price is GBX 297.70. The company has a quick ratio of 2.36, a current ratio of 2.19 and a debt-to-equity ratio of 0.14.

Analyst Upgrades and Downgrades

KOO has been the topic of a number of recent analyst reports. Canaccord Genuity Group restated a “buy” rating and issued a GBX 580 ($7.52) target price on shares of Kooth in a research note on Tuesday, September 17th. Berenberg Bank reiterated a “buy” rating and set a GBX 590 ($7.65) price objective on shares of Kooth in a research note on Tuesday, September 17th.

Kooth Company Profile

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.