Big Technologies (LON:BIG) Posts Earnings Results

Big Technologies (LON:BIG) released its earnings results on Monday. The company reported GBX 3.50 earnings per share for the quarter, Digital Look Earnings reports. Big Technologies had a negative return on equity of 26.32% and a negative net margin of 46.62%.

Big Technologies Price Performance

Big Technologies stock opened at GBX 98.10 on Monday. The company’s 50 day simple moving average is GBX 98.27 and its 200-day simple moving average is GBX 98.98. The company has a debt-to-equity ratio of 2.31, a quick ratio of 7.23 and a current ratio of 2.35. Big Technologies has a 1 year low of GBX 56.17 and a 1 year high of GBX 114.50. The company has a market capitalization of £286.20 million, a price-to-earnings ratio of -12.26 and a beta of 0.95.

Analysts Set New Price Targets

A number of brokerages have recently commented on BIG. Peel Hunt reiterated a “buy” rating and issued a GBX 119 target price on shares of Big Technologies in a research report on Monday, July 27th. Berenberg Bank reaffirmed a “hold” rating and set a GBX 105 price target on shares of Big Technologies in a research report on Monday. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Big Technologies has an average rating of “Hold” and a consensus price target of GBX 101.33.

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. Big Technologies (under the Buddi brand) has created a leading, integrated technology platform (including both hardware and software solutions) for remote monitoring of individuals, providing state-of-the-art Electronic Monitoring (EM) solutions on a SaaS-like, subscription basis.