Proservice Building Services Marketplace (LON:PRO) Issues Earnings Results

Proservice Building Services Marketplace (LON:PRO) issued its quarterly earnings results on Tuesday. The company reported GBX (0.92) EPS for the quarter, Digital Look Earnings reports.

Proservice Building Services Marketplace Stock Performance

PRO opened at GBX 2.50 on Wednesday. Proservice Building Services Marketplace has a one year low of GBX 1.50 and a one year high of GBX 9.50. The company has a market cap of £19.98 million and a P/E ratio of -4.90. The business’s 50-day simple moving average is GBX 2.27 and its 200-day simple moving average is GBX 3.74.

Insiders Place Their Bets

In other Proservice Building Services Marketplace news, insider Tom Shorten purchased 639,466 shares of the stock in a transaction that occurred on Monday, July 20th. The stock was purchased at an average cost of GBX 2 per share, with a total value of £12,789.32. 1.47% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reaffirmed a “speculative buy” rating and set a GBX 5 price objective on shares of Proservice Building Services Marketplace in a research report on Tuesday. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of GBX 5.

About Proservice Building Services Marketplace

ProService Building Services Marketplace plc (“ProService”) is the leading digital marketplace business focussed on customer and supplier acquisition. Technology driven, scalable and uniquely differentiated, ProService is a one-stop-shop providing a wide range of building-related product and services for over 7,000 active account customers per month, in product verticals including equipment hire, training, fuel, equipment sales and building materials. ProService acts as principal with buyers and sellers, but all deliveries and collections are the responsibility of sellers (direct to buyer).