Big Technologies (LON:BIG) Stock Price Up 0.7% - What's Next?

Key Points

• Big Technologies PLC shares experienced a slight increase of 0.7%, trading at GBX 89.60 ($1.21), but saw a significant decline in trading volume, down 85% from average levels.
• Berenberg Bank maintained a "hold" rating on the stock with a price target of GBX 80, reflecting a consensus view of the stock's performance among analysts.
• Insider activity has been notable, with significant purchases totaling 67,356 shares by insiders in recent months, indicating confidence in the company's future.

Big Technologies PLC (LON:BIG - Get Free Report)'s share price rose 0.7% during trading on Tuesday . The company traded as high as GBX 89.60 ($1.21) and last traded at GBX 89.60 ($1.21). Approximately 102,123 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 681,583 shares. The stock had previously closed at GBX 89 ($1.20).

Analysts Set New Price Targets

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

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 firm has a market cap of £254.51 million, a PE ratio of 20.06 and a beta of 0.51. The stock has a 50 day simple moving average of GBX 91.07 and a two-hundred day simple moving average of GBX 91.93.

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

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.