PensionBee Group (LON:PBEE) Reaches New 52-Week Low – What’s Next?

PensionBee Group plc (LON:PBEE)’s share price hit a new 52-week low on Wednesday . The company traded as low as GBX 119.50 and last traded at GBX 119.50, with a volume of 30251 shares traded. The stock had previously closed at GBX 124.50.

Analyst Ratings Changes

Several research firms have recently weighed in on PBEE. Berenberg Bank reissued a “buy” rating and issued a GBX 210 price objective on shares of PensionBee Group in a research report on Thursday, April 23rd. Royal Bank Of Canada upgraded PensionBee Group to a “sector perform” rating and upped their target price for the company from GBX 170 to GBX 175 in a research report on Tuesday, May 19th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 200.67.

PensionBee Group Stock Down 4.0%

The company has a debt-to-equity ratio of 0.35, a quick ratio of 7.03 and a current ratio of 9.34. The firm’s 50 day moving average price is GBX 135.11 and its two-hundred day moving average price is GBX 147.20. The company has a market cap of £285.44 million, a P/E ratio of -99.58, a price-to-earnings-growth ratio of -0.09 and a beta of 0.43.

About PensionBee Group

PensionBee is creating a global leader in the consumer retirement market with approximately £7.5 billion (approximately $10 billion) in assets on behalf of approximately 315,000 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.