PensionBee Group (LON:PBEE) Reaches New 1-Year Low – Here’s Why

Shares of PensionBee Group plc (LON:PBEE) hit a new 52-week low on Tuesday . The company traded as low as GBX 131 and last traded at GBX 140, with a volume of 480784 shares traded. The stock had previously closed at GBX 136.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 210 target price on shares of PensionBee Group in a report on Thursday, March 12th. Canaccord Genuity Group reissued a “buy” rating and set a GBX 217 price target on shares of PensionBee Group in a research note on Thursday, March 12th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 199.

PensionBee Group Price Performance

The company’s 50 day moving average price is GBX 153.19 and its 200-day moving average price is GBX 157.16. The stock has a market cap of £341.45 million, a P/E ratio of -76.34, a P/E/G ratio of -0.09 and a beta of 0.37. The company has a quick ratio of 7.03, a current ratio of 9.34 and a debt-to-equity ratio of 0.35.

PensionBee Group (LON:PBEE) last issued its quarterly earnings data on Thursday, March 12th. The company reported GBX (1.20) earnings per share for the quarter. PensionBee Group had a negative return on equity of 8.36% and a negative net margin of 6.69%. As a group, sell-side analysts expect that PensionBee Group plc will post -9.3899999 earnings per share for the current year.

PensionBee Group Company Profile

PensionBee is creating a global leader in the consumer retirement market with approximately £7 billion in assets on behalf of c.300,000 customers.

Founded in 2014, we aspire to make as many people as possible pension confident so that everyone can enjoy a happy retirement. We help our customers to combine their retirement savings into a new online account, which they can manage from the palm of their hand.

PensionBee accounts are invested by the world’s largest investment managers, collectively looking after more than $10 trillion in savings between them.