PensionBee Group (LON:PBEE) Sets New 52-Week Low – Time to Sell?

PensionBee Group plc (LON:PBEE)’s share price reached a new 52-week low on Tuesday . The stock traded as low as GBX 131 and last traded at GBX 140, with a volume of 480784 shares trading hands. The stock had previously closed at GBX 136.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on PBEE shares. Berenberg Bank reissued a “buy” rating and issued a GBX 210 price objective on shares of PensionBee Group in a research note on Thursday, March 12th. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 217 target price on shares of PensionBee Group in a research report on Thursday, March 12th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 199.

PensionBee Group Trading Up 2.9%

The company has a debt-to-equity ratio of 0.35, a quick ratio of 7.03 and a current ratio of 9.34. The company has a market capitalization of £333.07 million, a P/E ratio of -74.47, a PEG ratio of -0.09 and a beta of 0.37. The company’s fifty day simple moving average is GBX 154.06 and its 200-day simple moving average is GBX 157.35.

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

PensionBee Group Company Profile

PensionBee is creating a global leader in the consumer retirement market with approximately £7 billion in assets on behalf of c.300,000 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.