Big Technologies (LON:BIG) Stock Price Up 1.7% - Here's Why

Big Technologies PLC (LON:BIG - Get Free Report)'s stock price rose 1.7% during trading on Friday . The stock traded as high as GBX 94.80 ($1.29) and last traded at GBX 94.60 ($1.29). Approximately 93,424 shares traded hands during mid-day trading, a decline of 88% from the average daily volume of 790,207 shares. The stock had previously closed at GBX 93 ($1.27).

Analysts Set New Price Targets

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

Big Technologies Stock Down 1.1%

The firm's 50 day simple moving average is GBX 95.67 and its 200 day simple moving average is GBX 101.77. The company has a market cap of £265.87 million, a price-to-earnings ratio of 20.96 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.

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

Insider Activity at Big Technologies

In related news, insider Charles James John Lewinton acquired 14,705 shares of the stock in a transaction that occurred on Thursday, May 22nd. The shares were acquired at an average price of GBX 102 ($1.39) per share, for a total transaction of £14,999.10 ($20,471.00). Also, insider Ian Johnson acquired 47,750 shares of the stock in a transaction that occurred on Thursday, May 22nd. The shares were bought at an average price of GBX 102 ($1.39) per share, for a total transaction of £48,705 ($66,473.32). Insiders have purchased 67,356 shares of company stock worth $6,870,312 over the last quarter. 52.52% of the stock is currently owned by company insiders.

Big Technologies Company Profile

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.