Beeks Financial Cloud Group (LON:BKS) Releases Earnings Results

Beeks Financial Cloud Group (LON:BKS) posted its quarterly earnings data on Monday. The company reported GBX 8.47 earnings per share for the quarter, Digital Look Earnings reports. Beeks Financial Cloud Group had a net margin of 7.70% and a return on equity of 6.12%.

Beeks Financial Cloud Group Trading Down 9.4%

LON:BKS opened at GBX 201.44 on Monday. The company has a quick ratio of 1.85, a current ratio of 2.09 and a debt-to-equity ratio of 7.72. Beeks Financial Cloud Group has a twelve month low of GBX 171 and a twelve month high of GBX 327. The company has a market cap of £135.68 million, a P/E ratio of 5,855.93 and a beta of 0.38. The business has a 50 day moving average price of GBX 215.20 and a two-hundred day moving average price of GBX 216.31.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 335 price target on shares of Beeks Financial Cloud Group in a research report on Monday. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 335.

Beeks Financial Cloud Group Company Profile

Cloud computing is crucial to Capital Markets and finance. Beeks Group is a leading managed cloud provider exclusively within this fast-moving sector. Our Infrastructure-as-a-Service model is optimised for low-latency private cloud compute, connectivity and analytics, providing the flexibility to deploy and connect to exchanges, trading venues and public cloud for a true hybrid cloud experience.

ISO 27001 certified, we provide world-class security aligned to global security requirements.