Canaccord Genuity Group Reaffirms Buy Rating for Beeks Financial Cloud Group (LON:BKS)

Beeks Financial Cloud Group (LON:BKS - Get Free Report)'s stock had its "buy" rating reiterated by analysts at Canaccord Genuity Group in a report released on Tuesday, Marketbeat.com reports. They currently have a GBX 335 ($4.38) price objective on the stock. Canaccord Genuity Group's target price points to a potential upside of 44.09% from the company's current price.

Beeks Financial Cloud Group Stock Up 1.1 %

LON BKS traded up GBX 2.50 ($0.03) during trading on Tuesday, reaching GBX 232.50 ($3.04). 223,183 shares of the company's stock were exchanged, compared to its average volume of 302,127. The firm has a market capitalization of £151.98 million, a PE ratio of 68.76 and a beta of 0.38. 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 company's fifty day simple moving average is GBX 255.85 and its 200-day simple moving average is GBX 264.71. Beeks Financial Cloud Group has a fifty-two week low of GBX 162 ($2.12) and a fifty-two week high of GBX 327 ($4.28).

Beeks Financial Cloud Group (LON:BKS - Get Free Report) last posted its earnings results on Monday, March 17th. The company reported GBX 0.47 ($0.01) earnings per share for the quarter. Beeks Financial Cloud Group had a return on equity of 6.12% and a net margin of 7.70%. Sell-side analysts predict that Beeks Financial Cloud Group will post 7.3180848 EPS for the current year.

Insiders Place Their Bets

In other Beeks Financial Cloud Group news, insider Andrew William Crawford Meldrum bought 4,950 shares of Beeks Financial Cloud Group stock in a transaction on Monday, March 24th. The shares were purchased at an average cost of GBX 218 ($2.85) per share, for a total transaction of £10,791 ($14,124.35). Insiders own 44.43% of the company's stock.

Beeks Financial Cloud Group Company Profile

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.