Eagle Eye Solutions Group (LON:EYE) Stock Price Passes Above Fifty Day Moving Average - What's Next?

Key Points

• Eagle Eye Solutions Group shares have recently crossed above their 50-day moving average, indicating positive momentum in stock performance, with the last traded price at GBX 297.72 ($3.99).
• The company has a market cap of £89.02 million, with a high PE ratio of 1,249.87, reflecting its current valuation in the market.
• Insider Timothy J. R. Mason purchased 16,100 shares at an average price of GBX 230, suggesting confidence in the company's future prospects.

Eagle Eye Solutions Group plc (LON:EYE - Get Free Report) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 240.24 ($3.22) and traded as high as GBX 300 ($4.02). Eagle Eye Solutions Group shares last traded at GBX 297.72 ($3.99), with a volume of 6,690 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a "house stock" rating on shares of Eagle Eye Solutions Group in a research note on Tuesday, September 16th.

Eagle Eye Solutions Group Price Performance

The company has a market cap of £89.02 million, a PE ratio of 1,249.87 and a beta of 0.94. The company has a debt-to-equity ratio of 3.25, a quick ratio of 1.08 and a current ratio of 1.54. The company's 50-day simple moving average is GBX 240.24 and its 200 day simple moving average is GBX 291.07.

Eagle Eye Solutions Group (LON:EYE - Get Free Report) last released its earnings results on Tuesday, September 16th. The company reported GBX 5.49 EPS for the quarter. Eagle Eye Solutions Group had a return on equity of 19.38% and a net margin of 12.01%. On average, sell-side analysts predict that Eagle Eye Solutions Group plc will post 12.1000003 earnings per share for the current fiscal year.

Eagle Eye Solutions Group declared that its board has approved a share buyback plan on Tuesday, July 15th that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors believes its stock is undervalued.

Insider Buying and Selling at Eagle Eye Solutions Group

In related news, insider Timothy J. R. Mason bought 16,100 shares of the company's stock in a transaction dated Tuesday, July 15th. The stock was bought at an average price of GBX 230 per share, with a total value of £37,030. Insiders own 25.08% of the company's stock.

About Eagle Eye Solutions Group

Eagle Eye is a leading SaaS technology company transforming marketing by creating digital connections that enable personalised performance marketing in real time through coupons, loyalty, apps, subscriptions and gift services. Eagle Eye AIR enables the secure issuance and redemption of digital offers and rewards at scale, across multiple channels, enabling a single customer view.

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