PensionBee Group (LON:PBEE) Sets New 1-Year Low – What’s Next?

PensionBee Group plc (LON:PBEE) shares reached a new 52-week low on Tuesday . The stock traded as low as GBX 130 and last traded at GBX 137, with a volume of 355689 shares. The stock had previously closed at GBX 132.

Analyst Ratings Changes

Several analysts have recently issued reports on PBEE shares. Berenberg Bank reiterated a “buy” rating and issued a GBX 210 target price on shares of PensionBee Group in a research note on Thursday, April 23rd. Royal Bank Of Canada upgraded shares of PensionBee Group to a “sector perform” rating and upped their target price for the stock from GBX 170 to GBX 175 in a research note on Tuesday, May 19th. Finally, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 217 target price on shares of PensionBee Group in a research note on Thursday, March 12th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 200.67.

PensionBee Group Stock Performance

The company has a quick ratio of 7.03, a current ratio of 9.34 and a debt-to-equity ratio of 0.35. The company has a market cap of £326.97 million, a P/E ratio of -114.17, a price-to-earnings-growth ratio of -0.09 and a beta of 0.43. The company’s 50-day moving average is GBX 141.98 and its two-hundred day moving average is GBX 151.66.

About PensionBee Group

PensionBee is creating a global leader in the consumer retirement market with approximately £7.5 billion (approximately $10 billion) in assets on behalf of approximately 315,000 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.