Eagle Eye Solutions Group (LON:EYE) Stock Price Up 11.6% - Here's What Happened

Key Points

• Shares jumped 11.6% in mid-day trading to as high as GBX 390 (last GBX 385), with volume surging ~477% to about 300,083 shares versus an average of 52,040.
• The stock carries a consensus analyst rating of "Buy" with a consensus price target of GBX 660 (Canaccord Genuity set GBX 660; Shore Capital reissued a "house stock" rating).
• Company fundamentals show a market cap of £114.95m and strong liquidity (quick ratio 1.08, current ratio 1.57) but a negative P/E (-1,132.35), indicating it is not currently profitable.

Eagle Eye Solutions Group plc (LON:EYE - Get Free Report) shares rose 11.6% during mid-day trading on Friday . The stock traded as high as GBX 390 and last traded at GBX 385. Approximately 300,083 shares changed hands during trading, an increase of 477% from the average daily volume of 52,040 shares. The stock had previously closed at GBX 345.

Analyst Ratings Changes

EYE has been the topic of several research analyst reports. Shore Capital Group reissued a "house stock" rating on shares of Eagle Eye Solutions Group in a research note on Tuesday, January 20th. Canaccord Genuity Group reissued 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. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of GBX 660.

Eagle Eye Solutions Group Stock Up 11.6%

The company has a quick ratio of 1.08, a current ratio of 1.57 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of £114.95 million, a P/E ratio of -1,132.35 and a beta of 0.49. The company has a fifty day simple moving average of GBX 340.39 and a 200 day simple moving average of GBX 315.90.

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

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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