PensionBee Group (LON:PBEE) Reaches New 1-Year Low – Here’s Why

PensionBee Group plc (LON:PBEE)’s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 131 and last traded at GBX 134, with a volume of 37210 shares. The stock had previously closed at GBX 135.50.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on PBEE shares. Berenberg Bank reiterated a “buy” rating and set a GBX 210 price target on shares of PensionBee Group in a report on Thursday, April 23rd. Royal Bank Of Canada upgraded PensionBee Group to a “sector perform” rating and upped their target price for the company from GBX 170 to GBX 175 in a report on Tuesday, May 19th. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued 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 given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 200.67.

PensionBee Group Price Performance

The company has a fifty day moving average of GBX 142.47 and a 200 day moving average of GBX 152.27. The firm has a market capitalization of £319.81 million, a P/E ratio of -111.67, a PEG ratio of -0.09 and a beta of 0.43. The company has a debt-to-equity ratio of 0.35, a current ratio of 9.34 and a quick ratio of 7.03.

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