PensionBee Group (LON:PBEE) Sets New 52-Week Low – Here’s What Happened

PensionBee Group plc (LON:PBEE) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 125 and last traded at GBX 125, with a volume of 88571 shares. The stock had previously closed at GBX 130.50.

Analyst Upgrades and Downgrades

Several brokerages recently commented on PBEE. Royal Bank Of Canada upgraded shares of PensionBee Group to a “sector perform” rating and lifted their target price for the stock from GBX 170 to GBX 175 in a report on Tuesday, May 19th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 217 price target on shares of PensionBee Group in a research report on Thursday, March 12th. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 210 price objective on shares of PensionBee Group in a research report on Thursday, April 23rd. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of GBX 200.67.

PensionBee Group Price Performance

The firm has a market cap of £298.33 million, a P/E ratio of -104.17, a price-to-earnings-growth ratio of -0.09 and a beta of 0.44. The stock’s 50-day moving average is GBX 140.51 and its 200-day moving average is GBX 150.40. 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 Company Profile

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.