Insider Selling: Beeks Financial Cloud Group (LON:BKS) Insider Sells £105,000 in Stock

Beeks Financial Cloud Group plc (LON:BKS) insider Fraser McDonald sold 50,000 shares of the business’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of GBX 210, for a total transaction of £105,000.

Beeks Financial Cloud Group Stock Up 5.5%

Shares of Beeks Financial Cloud Group stock traded up GBX 11.50 on Wednesday, reaching GBX 220. 584,595 shares of the company were exchanged, compared to its average volume of 198,800. The stock’s 50 day moving average price is GBX 193.10 and its 200-day moving average price is GBX 193.72. The company has a debt-to-equity ratio of 20.02, a current ratio of 1.71 and a quick ratio of 1.85. Beeks Financial Cloud Group plc has a 1-year low of GBX 145.50 and a 1-year high of GBX 330.86. The company has a market cap of £150.34 million, a P/E ratio of 192.98 and a beta of 0.37.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 335 price target on shares of Beeks Financial Cloud Group in a research report on Wednesday, July 15th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Beeks Financial Cloud Group has a consensus rating of “Buy” and an average target price of GBX 335.

About Beeks Financial Cloud Group

Cloud computing is crucial to Capital Markets and finance. Beeks Group is a leading managed cloud provider exclusively within this fast-moving sector. Our Infrastructure-as-a-Service model is optimised for low-latency private cloud compute, connectivity and analytics, providing the flexibility to deploy and connect to exchanges, trading venues and public cloud for a true hybrid cloud experience.

ISO 27001 certified, we provide world-class security aligned to global security requirements. Founded in 2011, Beeks Group is listed on the London Stock Exchange (LSE: BKS) and has enjoyed continued growth each year.