PensionBee Group (LON:PBEE) Sets New 52-Week Low – Time to Sell?

PensionBee Group plc (LON:PBEE) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 122 and last traded at GBX 130, with a volume of 545572 shares trading hands. The stock had previously closed at GBX 128.

Analyst Upgrades and Downgrades

PBEE has been the subject of a number of research analyst reports. Berenberg Bank restated a “buy” rating and issued a GBX 210 target price on shares of PensionBee Group in a research report on Thursday, April 23rd. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 217 price target on shares of PensionBee Group in a research report on Thursday, March 12th. Finally, Royal Bank Of Canada raised PensionBee Group to a “sector perform” rating and boosted their price objective for the stock from GBX 170 to GBX 175 in a research note on Tuesday, May 19th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 200.67.

PensionBee Group Trading Up 1.6%

The firm has a market capitalization of £310.26 million, a price-to-earnings ratio of -108.33, a price-to-earnings-growth ratio of -0.09 and a beta of 0.44. The company has a quick ratio of 7.03, a current ratio of 9.34 and a debt-to-equity ratio of 0.35. The firm’s 50 day moving average is GBX 139.04 and its 200 day moving average is GBX 149.49.

About PensionBee Group

PensionBee is creating a global leader in the consumer retirement market with approximately £7.5 billion (approximately $10 billion) in assets on behalf of approximately 315,000 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.