Beeks Financial Cloud Group (LON:BKS) Trading 0.5% Higher – Still a Buy?

Beeks Financial Cloud Group plc (LON:BKSGet Free Report) shares rose 0.5% during mid-day trading on Wednesday . The stock traded as high as GBX 216 and last traded at GBX 215. Approximately 625,420 shares were traded during mid-day trading, an increase of 214% from the average session volume of 199,110 shares. The stock had previously closed at GBX 214.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 335 price target on shares of Beeks Financial Cloud Group in a report on Wednesday, July 15th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Beeks Financial Cloud Group presently has an average rating of “Buy” and an average target price of GBX 335.

View Our Latest Stock Report on BKS

Beeks Financial Cloud Group Price Performance

The company has a current ratio of 1.71, a quick ratio of 1.85 and a debt-to-equity ratio of 20.02. The stock has a 50-day moving average price of GBX 209.26 and a 200 day moving average price of GBX 192.46. The stock has a market capitalization of £146.92 million, a price-to-earnings ratio of 188.60 and a beta of 0.35.

Insider Transactions at Beeks Financial Cloud Group

In other Beeks Financial Cloud Group news, insider Fraser McDonald sold 50,000 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of GBX 210, for a total transaction of £105,000. Corporate insiders own 32.66% of the company’s stock.

About Beeks Financial Cloud Group

(Get Free Report)

Cloud computing is crucial to Capital Markets and finance. Beeks Group is a leading managed cloud provider exclusively within this fast-moving sector. Our Infrastructure-as-a-Service model is optimised for low-latency private cloud compute, connectivity and analytics, providing the flexibility to deploy and connect to exchanges, trading venues and public cloud for a true hybrid cloud experience.

ISO 27001 certified, we provide world-class security aligned to global security requirements. Founded in 2011, Beeks Group is listed on the London Stock Exchange (LSE: BKS) and has enjoyed continued growth each year.

Further Reading

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