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

Canaccord Genuity Group reiterated their buy rating on shares of Beeks Financial Cloud Group (LON:BKS - Free Report) in a report issued on Monday morning, Marketbeat reports. Canaccord Genuity Group currently has a GBX 335 ($4.34) price target on the stock.

Beeks Financial Cloud Group Stock Performance

Shares of LON BKS traded up GBX 11 ($0.14) during trading hours on Monday, hitting GBX 218 ($2.83). 402,755 shares of the stock were exchanged, compared to its average volume of 324,324. Beeks Financial Cloud Group has a one year low of GBX 162 ($2.10) and a one year high of GBX 327 ($4.24). The company's 50 day moving average is GBX 275.46 and its 200 day moving average is GBX 269.45. The company has a debt-to-equity ratio of 7.72, a current ratio of 2.09 and a quick ratio of 1.85. The firm has a market capitalization of £142.50 million, a P/E ratio of 64.47 and a beta of 0.38.

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

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.