Beeks Financial Cloud Group (LON:BKS) Posts Earnings Results

Beeks Financial Cloud Group (LON:BKS – Get Free Report) posted its quarterly earnings data on Monday. The company reported GBX 8.40 earnings per share for the quarter, Digital Look Earnings reports. Beeks Financial Cloud Group had a net margin of 8.29% and a return on equity of 7.23%.

Beeks Financial Cloud Group Trading Up 0.8%

LON:BKS opened at GBX 178 on Tuesday. Beeks Financial Cloud Group has a 12-month low of GBX 145.50 and a 12-month high of GBX 330.86. The firm has a market cap of £122.49 million, a PE ratio of 156.14 and a beta of 0.35. The company has a current ratio of 1.75, a quick ratio of 1.85 and a debt-to-equity ratio of 19.92. The stock has a fifty day moving average price of GBX 208.57 and a 200 day moving average price of GBX 193.56.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group cut their target price on Beeks Financial Cloud Group from GBX 335 to GBX 300 and set a “buy” rating on the stock in a research report on Monday. One investment analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 300.

Read Our Latest Stock Analysis on BKS

Beeks Financial Cloud Group News Roundup

Here are the key news stories impacting Beeks Financial Cloud Group this week:

Insiders Place Their Bets

In other Beeks Financial Cloud Group news, insider Fraser McDonald sold 50,000 shares of the company’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of GBX 210, for a total transaction of £105,000. 32.43% of the stock is currently owned by company insiders.

Beeks Financial Cloud Group Company Profile

(Get Free Report)

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.

Read More

Earnings History for Beeks Financial Cloud Group (LON:BKS)

Receive News & Ratings for Beeks Financial Cloud Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Beeks Financial Cloud Group and related companies with MarketBeat.com's FREE daily email newsletter.