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

Key Points

• Beeks Financial Cloud Group reported quarterly earnings of GBX 8.47 per share, with a net margin of 7.70% and a return on equity of 6.12%.
• The stock opened at GBX 201.44, with a market capitalization of £135.68 million and a price-to-earnings ratio of 5,855.93.
• Analysts, including Canaccord Genuity, restated a "buy" rating for the stock with a consensus price target of GBX 335.

Beeks Financial Cloud Group (LON:BKS - Get Free Report) posted its quarterly earnings data on Monday. The company reported GBX 8.47 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Beeks Financial Cloud Group had a net margin of 7.70% and a return on equity of 6.12%.

Beeks Financial Cloud Group Stock Performance

Shares of LON:BKS opened at GBX 201.44 on Monday. The business's fifty day moving average price is GBX 215.20 and its two-hundred day moving average price is GBX 216.31. Beeks Financial Cloud Group has a fifty-two week low of GBX 171 and a fifty-two week high of GBX 327. The stock has a market capitalization of £135.68 million, a price-to-earnings ratio of 5,855.93 and a beta of 0.38. The company has a debt-to-equity ratio of 7.72, a current ratio of 2.09 and a quick ratio of 1.85.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a "buy" rating and set a GBX 335 price target on shares of Beeks Financial Cloud Group in a research note on Monday. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, Beeks Financial Cloud Group currently has an average rating of "Buy" and a consensus price target of GBX 335.

Beeks Financial Cloud Group Company Profile

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.

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