Eagle Eye Solutions Group (LON:EYE) Shares Cross Above Fifty Day Moving Average - Time to Sell?

Eagle Eye Solutions Group plc (LON:EYE - Get Free Report)'s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 466.33 ($5.87) and traded as high as GBX 489.91 ($6.16). Eagle Eye Solutions Group shares last traded at GBX 489.90 ($6.16), with a volume of 2,971 shares.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a "house stock" rating on shares of Eagle Eye Solutions Group in a report on Monday, September 9th.

Eagle Eye Solutions Group Price Performance

The company has a debt-to-equity ratio of 0.50, a current ratio of 1.54 and a quick ratio of 1.08. The business's 50 day moving average price is GBX 466.96 and its 200 day moving average price is GBX 469.36. The stock has a market capitalization of £142.16 million, a P/E ratio of 2,824.12 and a beta of 0.94.

About Eagle Eye Solutions Group

Eagle Eye Solutions Group plc, together with its subsidiaries, provides marketing technology software as a service (SaaS) solution in the United Kingdom, the United States, Canada, Australia, rest of Europe, and the Asia Pacific. The company offers Eagle Eye AIR platform, an API-based SaaS platform, which provides promotions, loyalty, and gifting solutions to its customers; Eagle Eye API Documentation; Eagle Eye Promote that provides businesses with a platform to manage the set-up and execution of digital and physical promotions across various customer touchpoints; Eagle Eye Reward to build and deploy loyalty or customer engagement proposition; and Eagle Eye Gift for retailers to create and control digital and physical gift cards through web-based stored value management systems, and consumer and B2B portals.