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Kooth PLC Renews New Jersey Mental Health Support Contract

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Kooth PLC Renews New Jersey Mental Health Support Contract

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Kooth ( (GB:KOO) ) has provided an announcement.

Kooth PLC has renewed its contract with the State of New Jersey for another year, valued at $1.45 million annually, to provide mental health support to 50,000 students across four school districts via its Soluna platform. This renewal highlights the value and demand for Kooth’s services, supported by 127 advocacy partnerships in New Jersey, and positions the company to strengthen its relationship with the State.

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 PLC is a leading provider of digital mental health services, focusing on delivering mental health support through its Soluna platform. The company operates within the digital health industry and targets school districts to provide mental health services to students.

Average Trading Volume: 72,590

Technical Sentiment Signal: Sell

Current Market Cap: £50.6M

See more insights into KOO stock on TipRanks’ Stock Analysis page.

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