PensionBee Group (LON:PBEE) Shares Down 3% - Time to Sell?

Key Points

• PensionBee Group's shares experienced a 3% decline during trading, falling to GBX 162 ($2.15), with a trading volume decrease of 33% compared to its average.
• Equities analysts from Berenberg Bank and Canaccord Genuity both issued "buy" ratings for PensionBee, setting target prices at GBX 210 ($2.79) and GBX 217 ($2.88), respectively.
• Insider trading activity included the sale of 46,306 shares by Christoph Johannes Martin and the purchase of 3,115 shares by Lara Oyesanya, indicating a mix of confidence among company insiders.

PensionBee Group plc (LON:PBEE - Get Free Report)'s stock price traded down 3% on Friday . The company traded as low as GBX 160 ($2.13) and last traded at GBX 162 ($2.15). 86,462 shares traded hands during mid-day trading, a decline of 33% from the average session volume of 128,149 shares. The stock had previously closed at GBX 167 ($2.22).

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on PBEE shares. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 210 ($2.79) price objective on shares of PensionBee Group in a research note on Thursday, April 24th. Canaccord Genuity Group restated a "buy" rating and issued a GBX 217 ($2.88) price target on shares of PensionBee Group in a research report on Friday, April 25th.

PensionBee Group Stock Down 1.2%

The stock has a market capitalization of £375.88 million, a P/E ratio of -68.94, a P/E/G ratio of -0.09 and a beta of 0.37. 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 firm has a 50-day simple moving average of GBX 166.01 and a 200 day simple moving average of GBX 158.28.

Insider Buying and Selling

In other PensionBee Group news, insider Lara Oyesanya acquired 3,115 shares of the company's stock in a transaction on Wednesday, June 18th. The shares were purchased at an average cost of GBX 159 ($2.11) per share, with a total value of £4,952.85 ($6,582.74). Also, insider Christoph Johannes Martin sold 46,306 shares of the business's stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of GBX 162 ($2.15), for a total transaction of £75,015.72 ($99,701.91). 47.19% of the stock is currently owned by insiders.

PensionBee Group Company Profile

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.