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Kooth Expands US Presence with Acquisition of Kismet Health’s Telehealth Platform

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Kooth Expands US Presence with Acquisition of Kismet Health’s Telehealth Platform

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Kooth ( (GB:KOO) ) has issued an update.

Kooth has acquired Kismet Health’s telehealth platform to expand its digital mental health services for children aged 5-12, particularly in rural areas of the US. This acquisition aligns with Kooth’s strategy to broaden its capabilities and reach, integrating Kismet’s innovative technology and team to enhance service delivery without altering its financial expectations.

The most recent analyst rating on (GB:KOO) stock is a Buy with a £2.60 price target. To see the full list of analyst forecasts on Kooth stock, see the GB:KOO Stock Forecast page.

More about Kooth

Kooth is a leading provider of digital mental health services, focusing on delivering teletherapy solutions primarily for children. The company aims to expand its market reach by enhancing its service offerings and accessing new funding opportunities.

Average Trading Volume: 96,136

Technical Sentiment Signal: Sell

Current Market Cap: £45.91M

For a thorough assessment of KOO stock, go to TipRanks’ Stock Analysis page.

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