PensionBee Group (LON:PBEE) Sets New 12-Month Low – Here’s What Happened

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

Wall Street Analysts Forecast Growth

PBEE has been the topic of a number of research reports. Royal Bank Of Canada upgraded shares of PensionBee Group to a “sector perform” rating and lifted their price target for the company from GBX 170 to GBX 175 in a report on Tuesday, May 19th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 217 price objective on shares of PensionBee Group in a research note on Thursday, March 12th. Finally, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 210 price objective on shares of PensionBee Group in a research note on Thursday, April 23rd. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, PensionBee Group currently has an average rating of “Moderate Buy” and a consensus price target of GBX 200.67.

PensionBee Group Price Performance

The company has a market capitalization of £326.97 million, a P/E ratio of -114.17, a P/E/G ratio of -0.09 and a beta of 0.43. The firm’s fifty day moving average is GBX 142.31 and its 200 day moving average is GBX 151.99. The company has a debt-to-equity ratio of 0.35, a quick ratio of 7.03 and a current ratio of 9.34.

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

About PensionBee Group

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.