Beeks Financial Cloud Group (LON:BKS) Shares Down 6.7% – Here’s Why

Beeks Financial Cloud Group plc (LON:BKS)’s share price traded down 6.7% on Wednesday . The company traded as low as GBX 232.33 ($3.01) and last traded at GBX 253.70 ($3.29). 882,780 shares were traded during trading, an increase of 231% from the average session volume of 266,776 shares. The stock had previously closed at GBX 272 ($3.53).

Beeks Financial Cloud Group Stock Down 6.7 %

The company’s 50 day simple moving average is GBX 283.17 and its 200-day simple moving average is GBX 271.30. The company has a debt-to-equity ratio of 7.72, a quick ratio of 1.85 and a current ratio of 2.09. The firm has a market capitalization of £165.84 million, a PE ratio of 75.03 and a beta of 0.38.

Beeks Financial Cloud Group Company Profile

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.