Big Technologies (LON:BIG) Shares Down 1.1% - Should You Sell?

Key Points

• Big Technologies PLC's shares fell by 1.1% to GBX 91.40 ($1.24), with trading volume declining by 88% compared to the average daily volume.
• Berenberg Bank has reissued a "hold" rating and set a price target of GBX 80 for the company's stock.
• The company's market capitalization stands at £267.49 million, with a notably high P/E ratio of 11,425.00.

Big Technologies PLC (LON:BIG - Get Free Report)'s stock price dropped 1.1% during trading on Wednesday . The company traded as low as GBX 91.20 ($1.23) and last traded at GBX 91.40 ($1.24). Approximately 79,874 shares traded hands during mid-day trading, a decline of 88% from the average daily volume of 645,560 shares. The stock had previously closed at GBX 92.40 ($1.25).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a "hold" rating and issued a GBX 80 price target on shares of Big Technologies in a research report on Tuesday, June 3rd. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of GBX 80.

Big Technologies Stock Performance

The company has a market cap of £267.49 million, a P/E ratio of 11,425.00 and a beta of 0.51. The company has a quick ratio of 7.23, a current ratio of 13.12 and a debt-to-equity ratio of 1.41. The stock's 50-day moving average price is GBX 90.56 and its 200 day moving average price is GBX 89.97.

About Big Technologies

Big Technologies is the parent company of the Buddi group, which was founded in 2005. Today, Big Technologies is a proven supplier of innovative and high-quality products and services to the remote personal monitoring industry. Big Technologies provides products and services under the 'Buddi' brand with the primary focus being the criminal justice market.

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