Big Technologies (LON:BIG) Shares Up 17.8% – Time to Buy?

Big Technologies PLC (LON:BIG)’s stock price shot up 17.8% during mid-day trading on Monday . The stock traded as high as GBX 105.11 and last traded at GBX 102.01. 743,456 shares changed hands during trading, an increase of 106% from the average session volume of 361,463 shares. The stock had previously closed at GBX 86.60.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on BIG shares. Peel Hunt reissued a “hold” rating and set a GBX 80 target price on shares of Big Technologies in a research report on Monday, December 8th. Canaccord Genuity Group reiterated a “hold” rating and issued a GBX 80 price objective on shares of Big Technologies in a research report on Thursday, October 2nd. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, Big Technologies currently has an average rating of “Hold” and an average price target of GBX 80.

Big Technologies Stock Performance

The company has a debt-to-equity ratio of 1.41, a quick ratio of 7.23 and a current ratio of 13.12. The firm’s 50-day moving average price is GBX 72.27 and its two-hundred day moving average price is GBX 80.31. The firm has a market capitalization of £303.07 million, a price-to-earnings ratio of -9.77 and a beta of 0.51.

Big Technologies Company Profile

Big Technologies is the parent company of the Buddi group, which was founded in 2005. Today, Big Technologies is a proven supplier of innovative and high-quality products and services to the remote personal monitoring industry. Big Technologies provides products and services under the ‘Buddi’ brand with the primary focus being the criminal justice market. Big Technologies (under the Buddi brand) has created a leading, integrated technology platform (including both hardware and software solutions) for remote monitoring of individuals, providing state-of-the-art Electronic Monitoring (EM) solutions on a SaaS-like, subscription basis.