Key Points
- Insider sale: Beeks Financial Cloud Group insider Fraser McDonald sold 50,000 shares at GBX 210 each, for total proceeds of £105,000.
- Stock performance and valuation: Shares opened at GBX 210.75, up 1.1%, with a £144.02 million market capitalization and a price-to-earnings ratio of 184.87.
- Analyst outlook: Canaccord Genuity reaffirmed a “Buy” rating and GBX 335 price target; the stock’s consensus rating is also “Buy.”
Beeks Financial Cloud Group plc (LON:BKS - Get Free Report) insider Fraser McDonald sold 50,000 shares of the company's stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of GBX 210, for a total transaction of £105,000.
Beeks Financial Cloud Group Stock Up 1.1%
Shares of Beeks Financial Cloud Group stock opened at GBX 210.75 on Thursday. The company has a debt-to-equity ratio of 20.02, a current ratio of 1.71 and a quick ratio of 1.85. The company has a 50-day moving average of GBX 194.26 and a 200 day moving average of GBX 193.63. The firm has a market cap of £144.02 million, a price-to-earnings ratio of 184.87 and a beta of 0.37. Beeks Financial Cloud Group plc has a 1 year low of GBX 145.50 and a 1 year high of GBX 330.86.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 335 target price on shares of Beeks Financial Cloud Group in a research note on Wednesday, July 15th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of GBX 335.
Get Our Latest Analysis on Beeks Financial Cloud Group
About Beeks Financial Cloud Group
(
Get Free Report)
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. Founded in 2011, Beeks Group is listed on the London Stock Exchange (LSE: BKS) and has enjoyed continued growth each year.
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