Beeks Financial Cloud Group (LON:BKS) Given Buy Rating at Canaccord Genuity Group

Beeks Financial Cloud Group (LON:BKS)‘s stock had its “buy” rating reissued by stock analysts at Canaccord Genuity Group in a research note issued to investors on Thursday, MarketBeat.com reports. They currently have a GBX 335 target price on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 41.54% from the company’s current price.

Beeks Financial Cloud Group Trading Down 1.4%

Shares of Beeks Financial Cloud Group stock opened at GBX 236.68 on Thursday. The business has a fifty day simple moving average of GBX 235.56 and a 200-day simple moving average of GBX 223.42. Beeks Financial Cloud Group has a fifty-two week low of GBX 171 and a fifty-two week high of GBX 327. The firm has a market cap of £159.33 million, a price-to-earnings ratio of 57.45 and a beta of 0.38. The company has a quick ratio of 1.85, a current ratio of 2.09 and a debt-to-equity ratio of 7.72.

Beeks Financial Cloud Group (LON:BKS) last issued its quarterly earnings results on Monday, October 6th. The company reported GBX 8.47 EPS for the quarter. Beeks Financial Cloud Group had a net margin of 7.70% and a return on equity of 6.12%. On average, equities analysts forecast that Beeks Financial Cloud Group will post 7.3180848 EPS for the current fiscal year.

Beeks Financial Cloud Group Company Profile

Cloud computing is crucial to Capital Markets and finance. Beeks Group is a leading managed cloud provider exclusively within this fast-moving sector. Our Infrastructure-as-a-Service model is optimised for low-latency private cloud compute, connectivity and analytics, providing the flexibility to deploy and connect to exchanges, trading venues and public cloud for a true hybrid cloud experience.

ISO 27001 certified, we provide world-class security aligned to global security requirements.