PensionBee Group (LON:PBEE) Shares Down 5.2% – Here’s What Happened

PensionBee Group plc (LON:PBEE)’s share price traded down 5.2% during mid-day trading on Tuesday . The stock traded as low as GBX 135.50 and last traded at GBX 135.50. 22,924 shares traded hands during trading, a decline of 87% from the average session volume of 175,765 shares. The stock had previously closed at GBX 143.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Berenberg Bank reissued a “buy” rating and set a GBX 210 target price on shares of PensionBee Group in a report on Thursday, April 23rd. Royal Bank Of Canada raised shares of PensionBee Group to a “sector perform” rating and raised their target price for the stock from GBX 170 to GBX 175 in a report on Tuesday, May 19th. Finally, Canaccord Genuity Group reissued a “buy” rating and set a GBX 217 target price on shares of PensionBee Group in a report on Thursday, March 12th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 200.67.

PensionBee Group Stock Performance

The company has a debt-to-equity ratio of 0.35, a current ratio of 9.34 and a quick ratio of 7.03. The company’s fifty day moving average is GBX 142.31 and its 200-day moving average is GBX 151.99. The stock has a market cap of £319.81 million, a PE ratio of -111.67, a PEG ratio of -0.09 and a beta of 0.43.

PensionBee Group (LON:PBEE) last released its quarterly earnings data on Thursday, March 12th. The company reported GBX (1.20) earnings per share for the quarter. PensionBee Group had a negative net margin of 6.69% and a negative return on equity of 8.36%. On average, analysts predict that PensionBee Group plc will post -9.3899999 earnings per share for the current fiscal year.

PensionBee Group Company Profile

PensionBee is creating a global leader in the consumer retirement market with approximately £7.5 billion (approximately $10 billion) in assets on behalf of approximately 315,000 customers.

Founded in 2014, we aspire to make as many people as possible pension confident so that everyone can enjoy a happy retirement. We help our customers to combine their retirement savings into a new online account, which they can manage from the palm of their hand.

PensionBee accounts are invested by the world’s largest investment managers, collectively looking after more than $10 trillion in savings between them.