Beeks Financial Cloud Group (LON:BKS) Announces Earnings Results

Beeks Financial Cloud Group (LON:BKS - Get Free Report) released its quarterly earnings results on Monday. The company reported GBX 0.47 ($0.01) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Beeks Financial Cloud Group had a return on equity of 6.12% and a net margin of 7.70%.

Beeks Financial Cloud Group Stock Up 5.3 %

Shares of LON BKS traded up GBX 11 ($0.14) during mid-day trading on Friday, hitting GBX 218 ($2.81). The company had a trading volume of 402,755 shares, compared to its average volume of 324,324. The company has a current ratio of 2.09, a quick ratio of 1.85 and a debt-to-equity ratio of 7.72. The firm has a 50-day simple moving average of GBX 275.46 and a two-hundred day simple moving average of GBX 269.45. The company has a market capitalization of £142.50 million, a PE ratio of 64.47 and a beta of 0.38. Beeks Financial Cloud Group has a one year low of GBX 162 ($2.09) and a one year high of GBX 327 ($4.22).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 335 ($4.33) price target on shares of Beeks Financial Cloud Group in a research note on Monday.

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.