PensionBee Group (LON:PBEE) Shares Down 1.4% – Time to Sell?

PensionBee Group plc (LON:PBEE) shares were down 1.4% on Thursday . The company traded as low as GBX 140 and last traded at GBX 144. Approximately 34,716 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 194,988 shares. The stock had previously closed at GBX 146.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on PBEE shares. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 217 price target on shares of PensionBee Group in a research note on Thursday, March 12th. Berenberg Bank reissued a “buy” rating and issued a GBX 210 price target on shares of PensionBee Group in a research note on Thursday, April 23rd. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 170 price target on shares of PensionBee Group in a research note on Thursday, April 23rd. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 199.

PensionBee Group Trading Down 2.8%

The company has a debt-to-equity ratio of 0.35, a quick ratio of 7.03 and a current ratio of 9.34. The company has a 50 day simple moving average of GBX 144.90 and a two-hundred day simple moving average of GBX 154.63. The company has a market cap of £333.54 million, a PE ratio of -116.67, a PEG ratio of -0.09 and a beta of 0.43.

PensionBee Group (LON:PBEE) last released its earnings results on Thursday, March 12th. The company reported GBX (1.20) earnings per share for the quarter. PensionBee Group had a negative net margin of 6.69% and a negative return on equity of 8.36%. Sell-side analysts forecast that PensionBee Group plc will post -9.3899999 EPS for the current year.

PensionBee Group Company Profile

PensionBee is creating a global leader in the consumer retirement market with approximately £7 billion in assets on behalf of c.300,000 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.