Eagle Eye Solutions Group (LON:EYE) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Shares of Eagle Eye Solutions Group plc (LON:EYE) passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of GBX 488.36 and traded as high as GBX 502. Eagle Eye Solutions Group shares last traded at GBX 491, with a volume of 139,297 shares changing hands.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on EYE shares. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 675 target price on shares of Eagle Eye Solutions Group in a research note on Tuesday, September 15th. Shore Capital Group reissued a “house stock” rating on shares of Eagle Eye Solutions Group in a research report on Tuesday, September 15th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 675.

Eagle Eye Solutions Group Price Performance

The company has a 50 day moving average of GBX 488.48 and a 200-day moving average of GBX 436.01. The firm has a market capitalization of £142.06 million, a P/E ratio of -1,382.35 and a beta of 0.65. The company has a current ratio of 1.50, a quick ratio of 1.08 and a debt-to-equity ratio of 1.55.

Eagle Eye Solutions Group (LON:EYE) last posted its quarterly earnings data on Tuesday, September 15th. The company reported GBX 0.94 earnings per share for the quarter. Eagle Eye Solutions Group had a return on equity of 0.81% and a net margin of 0.60%. On average, sell-side analysts predict that Eagle Eye Solutions Group plc will post 12.1000003 EPS for the current year.

Eagle Eye Solutions Group Company Profile

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.