Eagle Eye Solutions Group (LON:EYE) Stock Crosses Above 50-Day Moving Average – Here’s Why

Eagle Eye Solutions Group plc (LON:EYE)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 471.50 and traded as high as GBX 495. Eagle Eye Solutions Group shares last traded at GBX 485, with a volume of 46,900 shares traded.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on EYE shares. Canaccord Genuity Group upped their target price on Eagle Eye Solutions Group from GBX 660 to GBX 675 and gave the company a “buy” rating in a research report on Friday, July 17th. Shore Capital Group restated a “house stock” rating on shares of Eagle Eye Solutions Group in a research note on Friday, July 17th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, Eagle Eye Solutions Group has an average rating of “Buy” and a consensus price target of GBX 675.

Eagle Eye Solutions Group Trading Up 0.5%

The stock has a market capitalization of £149.62 million, a P/E ratio of -1,455.88 and a beta of 0.64. The company has a current ratio of 1.57, a quick ratio of 1.08 and a debt-to-equity ratio of 0.07. The business has a 50-day moving average price of GBX 472.50 and a two-hundred day moving average price of GBX 405.91.

Eagle Eye Solutions Group Company Profile

Eagle Eye is a leading SaaS and AI company, enabling retail, travel and hospitality brands to earn lasting customer loyalty through harnessing the power of real-time, omnichannel and personalized marketing. Our powerful technology combines the world’s most flexible and scalable loyalty and promotions capability with cutting edge, built-for-purpose AI to deliver 1:1 personalization at scale for enterprise businesses, globally.

Our growing customer base includes Loblaws, Southeastern Grocers, Giant Eagle, Asda, Tesco, Morrisons, JD Sports, E.Leclerc, Carrefour, the Woolworths Group and many more.