Canaccord Genuity Group began coverage on shares of Proservice Building Services Marketplace (LON:PRO – Free Report) in a report released on Friday, MarketBeat.com reports. The firm issued a speculative buy rating and a GBX 5 price objective on the stock.
Proservice Building Services Marketplace Trading Up 3.0%
Shares of LON PRO opened at GBX 2.40 on Friday. The stock has a fifty day simple moving average of GBX 2.42 and a two-hundred day simple moving average of GBX 4.34. Proservice Building Services Marketplace has a 1-year low of GBX 1.50 and a 1-year high of GBX 9.50. The firm has a market cap of £19.14 million and a price-to-earnings ratio of -4.71.
Insider Buying and Selling at Proservice Building Services Marketplace
In other news, insider Tom Shorten acquired 639,466 shares of the firm’s stock in a transaction that occurred on Monday, July 20th. The stock was bought at an average price of GBX 2 per share, with a total value of £12,789.32. Insiders own 1.34% of the company’s stock.
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).
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