Proservice Building Services Marketplace’s (PRO) “Speculative Buy” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reissued their speculative buy rating on shares of Proservice Building Services Marketplace (LON:PRO) in a research note published on Tuesday morning, MarketBeat.com reports. They currently have a GBX 5 price objective on the stock.

Proservice Building Services Marketplace Price Performance

Shares of LON PRO opened at GBX 2.49 on Tuesday. Proservice Building Services Marketplace has a 1-year low of GBX 1.50 and a 1-year high of GBX 9.50. The business’s fifty day moving average price is GBX 2.28 and its two-hundred day moving average price is GBX 3.67. The firm has a market capitalization of £19.87 million and a PE ratio of -4.87.

Proservice Building Services Marketplace (LON:PRO) last announced its quarterly earnings results on Tuesday, September 8th. The company reported GBX (0.92) earnings per share (EPS) for the quarter.

Insider Buying and Selling

In other news, insider Tom Shorten bought 639,466 shares of the firm’s stock in a transaction on Monday, July 20th. The stock was purchased at an average price of GBX 2 per share, for a total transaction of £12,789.32. Company insiders own 1.47% of the company’s stock.

Proservice Building Services Marketplace Company Profile

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).