Canaccord Genuity Group Reiterates “Buy” Rating for Beeks Financial Cloud Group (LON:BKS)

Canaccord Genuity Group restated their buy rating on shares of Beeks Financial Cloud Group (LON:BKS) in a research report released on Tuesday, MarketBeat reports. They currently have a GBX 335 ($4.37) target price on the stock.

Beeks Financial Cloud Group Price Performance

BKS opened at GBX 260 ($3.40) on Tuesday. The company has a 50-day moving average of GBX 256.84 and a 200-day moving average of GBX 209.71. The company has a market capitalization of £173.32 million, a P/E ratio of 26,000.00 and a beta of 0.38. Beeks Financial Cloud Group has a 1-year low of GBX 92.10 ($1.20) and a 1-year high of GBX 290 ($3.79). The company has a debt-to-equity ratio of 10.49, a quick ratio of 1.85 and a current ratio of 2.03.

Beeks Financial Cloud Group Company Profile

Beeks Financial Cloud Group plc, together with its subsidiaries, provides managed cloud computing, connectivity, and analytics services for capital markets and financial services sectors in the United Kingdom, Europe, the United States, and internationally. The company offers on-demand computing solutions, including dedicated and virtual private servers, as well as private portals; managed cloud solutions comprising private, proximity, exchange, hybrid, and public cloud solutions; and analytics solutions, such as MDPlay, analytics as a service, and analytics enterprise.