Big Technologies (LON:BIG) Trading Down 0.6% - Time to Sell?

Key Points

• Big Technologies PLC (LON:BIG) shares fell 0.6% and traded at GBX 94 ($1.26), with an increase in trading volume to 749,141 shares.
• Berenberg Bank maintains a "hold" rating on Big Technologies with a price target of GBX 80 ($1.07), indicating a cautious outlook from analysts.
• Insider purchases have been notable, as two insiders acquired a total of 52,651 shares valued at approximately $72,748, suggesting confidence in the company.

Big Technologies PLC (LON:BIG - Get Free Report) shares fell 0.6% during mid-day trading on Monday . The stock traded as low as GBX 92.31 ($1.22) and last traded at GBX 94 ($1.24). 749,141 shares changed hands during trading, an increase of 3% from the average session volume of 730,700 shares. The stock had previously closed at GBX 94.60 ($1.25).

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a "hold" rating and set a GBX 80 ($1.06) price target on shares of Big Technologies in a research note on Tuesday, June 3rd.

Big Technologies Stock Performance

The company has a market cap of £266.44 million, a P/E ratio of 21.00 and a beta of 0.51. The firm has a 50 day moving average price of GBX 95.61 and a 200-day moving average price of GBX 96.08. The company has a debt-to-equity ratio of 1.41, a quick ratio of 7.23 and a current ratio of 13.12.

Big Technologies (LON:BIG - Get Free Report) last released its quarterly earnings results on Thursday, May 22nd. The company reported GBX 6.80 ($0.09) earnings per share (EPS) for the quarter. Big Technologies had a return on equity of 9.67% and a net margin of 23.01%. On average, research analysts predict that Big Technologies PLC will post 6.8231441 EPS for the current year.

Insider Activity at Big Technologies

In other Big Technologies news, insider Mike Johns bought 4,901 shares of the firm's stock in a transaction that occurred on Thursday, May 22nd. The stock was purchased at an average price of GBX 102 ($1.35) per share, for a total transaction of £4,999.02 ($6,603.73). Also, insider Ian Johnson bought 47,750 shares of the firm's stock in a transaction that occurred on Thursday, May 22nd. The shares were acquired at an average price of GBX 102 ($1.35) per share, with a total value of £48,705 ($64,339.50). Insiders acquired a total of 67,356 shares of company stock worth $6,870,312 in the last 90 days. 52.52% of the stock is owned by company insiders.

Big Technologies Company Profile

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.