Beeks Financial Cloud Group (LON:BKS) Trading Down 2.3% – Should You Sell?

Beeks Financial Cloud Group plc (LON:BKS) shares traded down 2.3% on Friday . The company traded as low as GBX 213 and last traded at GBX 216. 142,463 shares changed hands during mid-day trading, a decline of 30% from the average session volume of 202,406 shares. The stock had previously closed at GBX 221.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 335 price target on shares of Beeks Financial Cloud Group in a report on Monday, October 6th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of GBX 335.

Beeks Financial Cloud Group Stock Performance

The company has a market cap of £145.40 million, a PE ratio of 52.43 and a beta of 0.38. The stock has a 50 day simple moving average of GBX 230.50 and a two-hundred day simple moving average of GBX 221.36. The company has a debt-to-equity ratio of 7.72, a current ratio of 2.09 and a quick ratio of 1.85.

Beeks Financial Cloud Group (LON:BKS) last announced its earnings results on Monday, October 6th. The company reported GBX 8.47 EPS for the quarter. Beeks Financial Cloud Group had a net margin of 7.70% and a return on equity of 6.12%. Equities analysts predict that Beeks Financial Cloud Group plc will post 7.3180848 EPS for the current year.

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.