Big Technologies (LON:BIG) Trading Up 3.2% – Time to Buy?

Big Technologies PLC (LON:BIG)’s share price rose 3.2% during mid-day trading on Friday . The stock traded as high as GBX 111.50 and last traded at GBX 111.50. Approximately 1,040,398 shares were traded during mid-day trading, an increase of 48% from the average daily volume of 704,747 shares. The stock had previously closed at GBX 108.

Analyst Upgrades and Downgrades

Several brokerages recently commented on BIG. Berenberg Bank reiterated a “hold” rating and set a GBX 105 price target on shares of Big Technologies in a report on Tuesday, January 27th. Peel Hunt boosted their target price on Big Technologies from GBX 80 to GBX 100 and gave the company a “hold” rating in a research report on Thursday, January 29th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of GBX 95.

Big Technologies Trading Up 3.2%

The company has a quick ratio of 7.23, a current ratio of 13.12 and a debt-to-equity ratio of 1.41. The stock’s 50 day moving average is GBX 90.54 and its two-hundred day moving average is GBX 82.53. The company has a market capitalization of £326.31 million, a PE ratio of -10.52 and a beta of 0.51.

About Big Technologies

Big Technologies is the parent company of the Buddi group, which was founded in 2005. Today, Big Technologies is a proven supplier of innovative and high-quality products and services to the remote personal monitoring industry. Big Technologies provides products and services under the ‘Buddi’ brand with the primary focus being the criminal justice market. Big Technologies (under the Buddi brand) has created a leading, integrated technology platform (including both hardware and software solutions) for remote monitoring of individuals, providing state-of-the-art Electronic Monitoring (EM) solutions on a SaaS-like, subscription basis.