Beeks Financial Cloud Group (LON:BKS) Announces Quarterly Earnings Results

Beeks Financial Cloud Group (LON:BKS) issued its quarterly earnings results on Monday. The company reported GBX (0.75) earnings per share for the quarter, Digital Look Earnings reports. Beeks Financial Cloud Group had a return on equity of 7.20% and a net margin of 8.26%.

Beeks Financial Cloud Group Stock Performance

LON:BKS opened at GBX 176 on Monday. Beeks Financial Cloud Group has a 12 month low of GBX 171 and a 12 month high of GBX 330.86. The company has a debt-to-equity ratio of 13.63, a current ratio of 1.61 and a quick ratio of 1.85. The firm has a market capitalization of £120.27 million, a PE ratio of 42.72 and a beta of 0.10. The business’s fifty day moving average price is GBX 220.28 and its 200 day moving average price is GBX 224.47.

Insider Activity

In other news, insider Gordon McArthur sold 200,000 shares of the stock in a transaction dated Tuesday, December 23rd. The stock was sold at an average price of GBX 232, for a total value of £464,000. Corporate insiders own 32.66% of the company’s stock.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 335 target price on shares of Beeks Financial Cloud Group in a research note on Thursday, December 18th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of GBX 335.

About Beeks Financial Cloud Group

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.