Eagle Eye Solutions Group (LON:EYE) Hits New 52-Week High - What's Next?

Key Points

• Shares hit a new 52-week high, trading as high as GBX 415 and last at GBX 407.50 (volume 76,787), and are above their 50‑day (GBX 342.51) and 200‑day (GBX 319.90) moving averages.
• Analysts have a consensus Buy rating with an average price target of GBX 660; Canaccord Genuity reaffirmed a Buy and set a GBX 660 target while Shore Capital maintained a "house stock" rating.
• Insider Anne De Kerckhove purchased 3,921 shares at GBX 383 on April 24, and company insiders collectively own about 25.15% of the stock.

Shares of Eagle Eye Solutions Group plc (LON:EYE - Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as GBX 415 and last traded at GBX 407.50, with a volume of 76787 shares traded. The stock had previously closed at GBX 390.

Analyst Ratings Changes

Several research analysts have weighed in on EYE shares. Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 660 target price on shares of Eagle Eye Solutions Group in a research note on Wednesday, March 18th. Shore Capital Group reiterated a "house stock" rating on shares of Eagle Eye Solutions Group in a research note on Monday, April 27th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Eagle Eye Solutions Group has a consensus rating of "Buy" and an average price target of GBX 660.

Eagle Eye Solutions Group Trading Up 4.5%

The business's 50-day moving average price is GBX 342.51 and its 200-day moving average price is GBX 319.90. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.57 and a quick ratio of 1.08. The firm has a market capitalization of £121.67 million, a PE ratio of -1,198.53 and a beta of 0.49.

Eagle Eye Solutions Group (LON:EYE - Get Free Report) last released its earnings results on Tuesday, March 17th. The company reported GBX 0.46 EPS for the quarter. Eagle Eye Solutions Group had a return on equity of 0.31% and a net margin of 0.22%. As a group, analysts expect that Eagle Eye Solutions Group plc will post 12.1000003 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Eagle Eye Solutions Group news, insider Anne De Kerckhove bought 3,921 shares of Eagle Eye Solutions Group stock in a transaction on Friday, April 24th. The stock was bought at an average price of GBX 383 per share, with a total value of £15,017.43. Company insiders own 25.15% of the company's stock.

Eagle Eye Solutions Group Company Profile

Eagle Eye is a leading SaaS and AI company, enabling retail, travel and hospitality brands to earn lasting customer loyalty through harnessing the power of real-time, omnichannel and personalized marketing. Our powerful technology combines the world's most flexible and scalable loyalty and promotions capability with cutting edge, built-for-purpose AI to deliver 1:1 personalization at scale for enterprise businesses, globally. Our growing customer base includes Loblaws, Southeastern Grocers, Giant Eagle, Asda, Tesco, Morrisons, JD Sports, E.Leclerc, Carrefour, the Woolworths Group and many more.

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