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Big Technologies (LON:BIG) Shares Down 4.5% - Here's What Happened

Big Technologies logo with Computer and Technology background

Big Technologies PLC (LON:BIG - Get Free Report) shares fell 4.5% on Thursday . The stock traded as low as GBX 92.40 ($1.25) and last traded at GBX 94.20 ($1.28). 797,820 shares changed hands during trading, a decline of 8% from the average session volume of 869,479 shares. The stock had previously closed at GBX 98.60 ($1.34).

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a "hold" rating and issued a GBX 80 ($1.09) price objective on shares of Big Technologies in a research note on Tuesday, June 3rd.

Check Out Our Latest Stock Analysis on Big Technologies

Big Technologies Price Performance

The company has a debt-to-equity ratio of 1.41, a quick ratio of 7.23 and a current ratio of 13.12. The business has a 50 day simple moving average of GBX 88.89 and a 200-day simple moving average of GBX 106.55. The firm has a market cap of £264.16 million, a price-to-earnings ratio of 20.82 and a beta of 0.51.

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) EPS for the quarter. Big Technologies had a return on equity of 9.67% and a net margin of 23.01%. Equities research analysts expect that Big Technologies PLC will post 6.8231441 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Mike Johns bought 4,901 shares of Big Technologies stock in a transaction dated Thursday, May 22nd. The stock was purchased at an average cost of GBX 102 ($1.38) per share, with a total value of £4,999.02 ($6,782.93). Also, insider Charles James John Lewinton purchased 14,705 shares of the firm's stock in a transaction dated Thursday, May 22nd. The shares were bought at an average price of GBX 102 ($1.38) per share, with a total value of £14,999.10 ($20,351.56). Over the last ninety days, insiders have bought 67,356 shares of company stock worth $6,870,312. 52.52% of the stock is owned by insiders.

Big Technologies Company Profile

(Get Free Report)

Big Technologies is the parent company of Buddi, which was founded in 2005 by its current CEO, Sara Murray, following an initial idea to create a GPS device small enough for a child to carry. Today, Big Technologies is a proven supplier of innovative and high-quality products and services to the remote personal monitoring industry.

Further Reading

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