Beeks Financial Cloud Group (LON:BKS) Posts Quarterly Earnings Results

Beeks Financial Cloud Group (LON:BKS) issued its quarterly earnings results on Monday. The company reported GBX (0.75) earnings per share for the quarter, Digital Look Earnings reports. Beeks Financial Cloud Group had a net margin of 8.26% and a return on equity of 7.20%.

Beeks Financial Cloud Group Price Performance

Beeks Financial Cloud Group stock opened at GBX 171.19 on Tuesday. The stock has a market capitalization of £116.98 million, a price-to-earnings ratio of 41.55 and a beta of 0.10. Beeks Financial Cloud Group has a 52-week low of GBX 165 and a 52-week high of GBX 330.86. The stock’s 50 day moving average price is GBX 219.11 and its two-hundred day moving average price is GBX 224.17. The company has a debt-to-equity ratio of 13.63, a quick ratio of 1.85 and a current ratio of 1.61.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 335 target price on shares of Beeks Financial Cloud Group in a research report on Thursday, December 18th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, Beeks Financial Cloud Group has a consensus rating of “Buy” and an average target price of GBX 335.

Insider Buying and Selling at Beeks Financial Cloud Group

In other news, insider Gordon McArthur sold 200,000 shares of the stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of GBX 232, for a total transaction of £464,000. Corporate insiders own 32.66% of the company’s stock.

About Beeks Financial Cloud Group

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. Founded in 2011, Beeks Group is listed on the London Stock Exchange (LSE: BKS) and has enjoyed continued growth each year.