Proservice Building Services Marketplace (LON:PRO) Issues Quarterly Earnings Results

Proservice Building Services Marketplace (LON:PROGet Free Report) posted its quarterly earnings data on Tuesday. The company reported GBX (0.92) earnings per share for the quarter, Digital Look Earnings reports.

Proservice Building Services Marketplace Stock Down 9.8%

Shares of PRO traded down GBX 0.24 during midday trading on Tuesday, reaching GBX 2.22. The company had a trading volume of 261,738 shares, compared to its average volume of 1,136,130. The firm has a 50 day simple moving average of GBX 2.28 and a 200-day simple moving average of GBX 3.78. The stock has a market cap of £17.74 million and a PE ratio of -4.35. Proservice Building Services Marketplace has a 1-year low of GBX 1.50 and a 1-year high of GBX 9.50.

Insider Buying and Selling

In other news, insider Tom Shorten purchased 639,466 shares of the company’s stock in a transaction dated Monday, July 20th. The stock was acquired at an average price of GBX 2 per share, with a total value of £12,789.32. 1.47% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reaffirmed a “speculative buy” rating and issued a GBX 5 price objective on shares of Proservice Building Services Marketplace in a research report on Tuesday. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of GBX 5.

Check Out Our Latest Stock Report on Proservice Building Services Marketplace

About Proservice Building Services Marketplace

(Get Free Report)

ProService Building Services Marketplace plc (“ProService”) is the leading digital marketplace business focussed on customer and supplier acquisition. Technology driven, scalable and uniquely differentiated, ProService is a one-stop-shop providing a wide range of building-related product and services for over 7,000 active account customers per month, in product verticals including equipment hire, training, fuel, equipment sales and building materials. ProService acts as principal with buyers and sellers, but all deliveries and collections are the responsibility of sellers (direct to buyer).

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