Big Technologies (LON:BIG) Shares Up 1.2% – Here’s Why

Big Technologies PLC (LON:BIG)’s share price was up 1.2% during mid-day trading on Friday . The stock traded as high as GBX 69.14 and last traded at GBX 68.80. 92,945 shares changed hands during mid-day trading, a decline of 84% from the average session volume of 577,365 shares. The stock had previously closed at GBX 68.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on BIG shares. Peel Hunt reiterated an “add” rating and set a GBX 126 price target on shares of Big Technologies in a report on Tuesday, September 30th. Canaccord Genuity Group restated a “hold” rating and set a GBX 80 target price on shares of Big Technologies in a research report on Thursday, October 2nd. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of GBX 95.33.

Big Technologies Stock Up 1.2%

The stock has a market cap of £201.35 million, a P/E ratio of -6.49 and a beta of 0.51. The company’s 50 day moving average price is GBX 78.62 and its two-hundred day moving average price is GBX 88.26. The company has a quick ratio of 7.23, a current ratio of 13.12 and a debt-to-equity ratio of 1.41.

Big Technologies (LON:BIG) last issued its earnings results on Tuesday, September 30th. The company reported GBX (10) earnings per share for the quarter. Big Technologies had a net margin of 23.01% and a return on equity of 9.67%. As a group, research analysts expect that Big Technologies PLC will post 6.8231441 earnings per share for the current year.

Big Technologies Company Profile

Big Technologies is the parent company of the Buddi group, which was founded in 2005. Today, Big Technologies is a proven supplier of innovative and high-quality products and services to the remote personal monitoring industry. Big Technologies provides products and services under the ‘Buddi’ brand with the primary focus being the criminal justice market.