PensionBee Group (LON:PBEE) Trading Down 2.6% - Here's Why

PensionBee Group plc (LON:PBEE - Get Free Report)'s share price dropped 2.6% on Friday . The company traded as low as GBX 149.12 ($1.88) and last traded at GBX 150 ($1.89). Approximately 305,389 shares traded hands during mid-day trading, an increase of 46% from the average daily volume of 209,623 shares. The stock had previously closed at GBX 154 ($1.94).

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 210 ($2.65) price objective on shares of PensionBee Group in a research note on Thursday, October 24th.

PensionBee Group Stock Down 2.6 %

The business's 50 day moving average price is GBX 171.93 and its 200-day moving average price is GBX 162.76. The company has a debt-to-equity ratio of 2.45, a current ratio of 4.23 and a quick ratio of 7.03. The company has a market cap of £337.85 million, a P/E ratio of -7,500.00, a PEG ratio of -0.09 and a beta of 0.37.

PensionBee Group Company Profile

PensionBee Group plc, a direct-to-consumer financial technology company, provides online pension services in the United Kingdom and the United States. The company's technology platform allows its customers to combine their pensions and invest in a range of online plans, forecast how much they are expected to have saved by the time they retire, and make withdrawals from their pensions.