Beeks Financial Cloud Group (LON:BKS) Releases Earnings Results

Beeks Financial Cloud Group (LON:BKS – Get Free Report) issued its earnings results on Monday. The company reported GBX 8.40 EPS for the quarter, Digital Look Earnings reports. Beeks Financial Cloud Group had a net margin of 8.29% and a return on equity of 7.23%.

Beeks Financial Cloud Group Price Performance

BKS stock opened at GBX 178 on Tuesday. The business has a 50 day moving average price of GBX 208.57 and a 200 day moving average price of GBX 193.56. The company has a quick ratio of 1.85, a current ratio of 1.75 and a debt-to-equity ratio of 19.92. The stock has a market cap of £122.49 million, a price-to-earnings ratio of 156.14 and a beta of 0.35. Beeks Financial Cloud Group has a fifty-two week low of GBX 145.50 and a fifty-two week high of GBX 330.86.

Insider Buying and Selling

In other Beeks Financial Cloud Group news, insider Fraser McDonald sold 50,000 shares of the stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of GBX 210, for a total value of £105,000. 32.43% of the stock is owned by corporate insiders.

Beeks Financial Cloud Group News Summary

Here are the key news stories impacting Beeks Financial Cloud Group this week:

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group cut their price target on Beeks Financial Cloud Group from GBX 335 to GBX 300 and set a “buy” rating on the stock in a research note on Monday. One equities research analyst has rated the stock with a Buy rating. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of GBX 300.

View Our Latest Stock Report 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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Earnings History for Beeks Financial Cloud Group (LON:BKS)

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