Eagle Eye Solutions Group (LON:EYE) Stock Price Passes Above Fifty Day Moving Average – Time to Sell?

Eagle Eye Solutions Group plc (LON:EYE) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 467.39 and traded as high as GBX 500. Eagle Eye Solutions Group shares last traded at GBX 492, with a volume of 85,764 shares trading hands.

Wall Street Analyst Weigh In

EYE has been the subject of several research analyst reports. Shore Capital Group reiterated a “house stock” rating on shares of Eagle Eye Solutions Group in a report on Friday, July 17th. Canaccord Genuity Group increased their price objective on shares of Eagle Eye Solutions Group from GBX 660 to GBX 675 and gave the company a “buy” rating in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of GBX 675.

Eagle Eye Solutions Group Stock Performance

The business’s fifty day moving average is GBX 469.10 and its 200-day moving average is GBX 399.74. The company has a quick ratio of 1.08, a current ratio of 1.57 and a debt-to-equity ratio of 0.07. The company has a market cap of £144.18 million, a PE ratio of -1,402.94 and a beta of 0.64.

About Eagle Eye Solutions Group

Eagle Eye is a leading SaaS and AI company, enabling retail, travel and hospitality brands to earn lasting customer loyalty through harnessing the power of real-time, omnichannel and personalized marketing. Our powerful technology combines the world’s most flexible and scalable loyalty and promotions capability with cutting edge, built-for-purpose AI to deliver 1:1 personalization at scale for enterprise businesses, globally.

Our growing customer base includes Loblaws, Southeastern Grocers, Giant Eagle, Asda, Tesco, Morrisons, JD Sports, E.Leclerc, Carrefour, the Woolworths Group and many more.