Big Technologies (LON:BIG) Stock Price 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) traded down 1.1% during trading on Wednesday . The stock traded as low as GBX 91.20 ($1.24) and last traded at GBX 91.40 ($1.24). 79,874 shares were traded during trading, a decline of 88% from the average session volume of 645,560 shares. The stock had previously closed at GBX 92.40 ($1.26).

Wall Street Analysts Forecast Growth

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

Big Technologies Stock Performance

The company has a 50 day simple moving average of GBX 90.08 and a 200 day simple moving average of GBX 89.18. 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 has a market cap of £256.37 million, a price-to-earnings ratio of 10,950.00 and a beta of 0.51.

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.