Beeks Financial Cloud Group plc (LON:BKS - Get Free Report)'s stock price was down 2% during mid-day trading on Friday . The company traded as low as GBX 212 ($2.89) and last traded at GBX 214.53 ($2.93). Approximately 96,923 shares changed hands during mid-day trading, a decline of 61% from the average daily volume of 248,870 shares. The stock had previously closed at GBX 219 ($2.99).
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 335 ($4.57) price target on shares of Beeks Financial Cloud Group in a report on Tuesday, April 8th.
Get Our Latest Report on BKS
Beeks Financial Cloud Group Price Performance
The stock has a fifty day moving average price of GBX 215.66 and a 200-day moving average price of GBX 244.51. The firm has a market capitalization of £140.23 million, a PE ratio of 63.45 and a beta of 0.38. The company has a debt-to-equity ratio of 7.72, a quick ratio of 1.85 and a current ratio of 2.09.
Insider Buying and Selling at Beeks Financial Cloud Group
In other news, insider Gordon McArthur sold 260,000 shares of the firm's stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of GBX 214 ($2.92), for a total value of £556,400 ($759,383.10). 44.43% of the stock is owned by insiders.
About Beeks Financial Cloud Group
(
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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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