Beeks Financial Cloud Group’s (BKS) Buy Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of Beeks Financial Cloud Group (LON:BKS) in a report issued on Thursday, Marketbeat Ratings reports. The brokerage currently has a GBX 335 price objective on the stock.

Beeks Financial Cloud Group Price Performance

Shares of BKS stock opened at GBX 230 on Thursday. Beeks Financial Cloud Group has a 12 month low of GBX 171 and a 12 month high of GBX 327. The company has a quick ratio of 1.85, a current ratio of 2.09 and a debt-to-equity ratio of 7.72. The stock has a 50-day moving average price of GBX 235.99 and a 200 day moving average price of GBX 223.86. The firm has a market cap of £154.83 million, a price-to-earnings ratio of 55.83 and a beta of 0.38.

Beeks Financial Cloud Group (LON:BKS) last posted its quarterly earnings results on Monday, October 6th. The company reported GBX 8.47 earnings per share for the quarter. Beeks Financial Cloud Group had a net margin of 7.70% and a return on equity of 6.12%. Research analysts expect that Beeks Financial Cloud Group 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. Founded in 2011, Beeks Group is listed on the London Stock Exchange (LSE: BKS) and has enjoyed continued growth each year.