PensionBee Group (LON:PBEE) Stock Price Up 1.2% - Here's Why

PensionBee Group plc (LON:PBEE - Get Free Report)'s stock price was up 1.2% during trading on Thursday . The company traded as high as GBX 172 ($2.31) and last traded at GBX 171 ($2.30). Approximately 56,720 shares traded hands during trading, a decline of 57% from the average daily volume of 131,056 shares. The stock had previously closed at GBX 169 ($2.27).

Analysts Set New Price Targets

A number of equities research analysts have commented on PBEE shares. Berenberg Bank reiterated a "buy" rating and set a GBX 210 ($2.82) target price on shares of PensionBee Group in a report on Thursday, April 24th. Canaccord Genuity Group reiterated a "buy" rating and set a GBX 217 ($2.91) target price on shares of PensionBee Group in a report on Friday, April 25th.

PensionBee Group Stock Down 0.3%

The firm has a 50-day simple moving average of GBX 162.29 and a 200 day simple moving average of GBX 157.61. The company has a debt-to-equity ratio of 2.45, a current ratio of 4.23 and a quick ratio of 7.03. The company has a market capitalization of £398.19 million, a PE ratio of -73.03, a price-to-earnings-growth ratio of -0.09 and a beta of 0.37.

Insider Transactions at PensionBee Group

In other PensionBee Group news, insider Lara Oyesanya bought 3,115 shares of the company's stock in a transaction dated Wednesday, June 18th. The shares were acquired at an average cost of GBX 159 ($2.13) per share, with a total value of £4,952.85 ($6,649.91). Also, insider Christoph Johannes Martin sold 46,306 shares of PensionBee Group stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of GBX 162 ($2.18), for a total value of £75,015.72 ($100,719.28). 47.19% of the stock is currently owned by insiders.

About PensionBee Group

PensionBee is creating a global leader in the consumer retirement market with approximately £6 billion in assets on behalf of more than 275,000 customers. Founded in 2014, we aspire to make as many people as possible pension confident so that everyone can enjoy a happy retirement. We help our customers to combine their retirement savings into a new online account, which they can manage from the palm of their hand. PensionBee accounts are invested by the world's largest investment managers, collectively looking after more than $10 trillion in savings between them.