Proservice Building Services Marketplace (LON:PRO) Issues Quarterly Earnings Results

Proservice Building Services Marketplace (LON:PRO) released its quarterly earnings results on Tuesday. The company reported GBX (0.92) EPS for the quarter, Digital Look Earnings reports.

Proservice Building Services Marketplace Trading Up 6.9%

LON:PRO opened at GBX 2.63 on Tuesday. Proservice Building Services Marketplace has a 12 month low of GBX 1.50 and a 12 month high of GBX 9.50. The firm has a fifty day simple moving average of GBX 2.28 and a 200-day simple moving average of GBX 3.78. The company has a market capitalization of £21.02 million and a P/E ratio of -5.16.

Insider Activity

In other news, insider Tom Shorten bought 639,466 shares of the business’s stock in a transaction that occurred on Monday, July 20th. The shares were purchased at an average cost of GBX 2 per share, with a total value of £12,789.32. 1.47% of the stock is currently owned by insiders.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “speculative buy” rating and set a GBX 5 price target on shares of Proservice Building Services Marketplace in a research note on Tuesday. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of GBX 5.

About Proservice Building Services Marketplace

ProService Building Services Marketplace plc (“ProService”) is the leading digital marketplace business focussed on customer and supplier acquisition. Technology driven, scalable and uniquely differentiated, ProService is a one-stop-shop providing a wide range of building-related product and services for over 7,000 active account customers per month, in product verticals including equipment hire, training, fuel, equipment sales and building materials. ProService acts as principal with buyers and sellers, but all deliveries and collections are the responsibility of sellers (direct to buyer).