Beeks Financial Cloud Group (LON:BKS) Trading Down 10.2% - Time to Sell?

Key Points

• Beeks Financial Cloud Group's shares dropped by 10.2% to GBX 199.70 ($2.68), following a previous close of GBX 222.40 ($2.99), with trading volume increasing significantly to 718,738 shares.
• Analysts from Canaccord Genuity Group maintained a "buy" rating with a target price of GBX 335, reflecting an average rating of "Buy" from multiple investment analysts.
• The company reported an EPS of GBX 8.47 for the last quarter, with a net margin of 7.70% and a return on equity of 6.12%.

Shares of Beeks Financial Cloud Group plc (LON:BKS - Get Free Report) traded down 10.2% on Monday . The stock traded as low as GBX 195.66 ($2.63) and last traded at GBX 199.70 ($2.68). 718,738 shares were traded during mid-day trading, an increase of 243% from the average session volume of 209,636 shares. The stock had previously closed at GBX 222.40 ($2.99).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reiterated a "buy" rating and set a GBX 335 target price on shares of Beeks Financial Cloud Group in a report on Monday. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of GBX 335.

Beeks Financial Cloud Group Stock Performance

The business has a 50-day moving average of GBX 215.20 and a two-hundred day moving average of GBX 216.31. The company has a debt-to-equity ratio of 7.72, a current ratio of 2.09 and a quick ratio of 1.85. The company has a market cap of £134.64 million, a P/E ratio of 5,811.05 and a beta of 0.38.

Beeks Financial Cloud Group (LON:BKS - Get Free Report) last announced its earnings results on Monday, October 6th. The company reported GBX 8.47 EPS for the quarter. Beeks Financial Cloud Group had a net margin of 7.70% and a return on equity of 6.12%. On average, sell-side analysts predict that Beeks Financial Cloud Group plc will post 7.3180848 EPS for the current fiscal year.

About Beeks Financial Cloud Group

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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