Eagle Eye Solutions Group (LON:EYE) Stock Passes Above 50-Day Moving Average – Time to Sell?

Eagle Eye Solutions Group plc (LON:EYE)’s share price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 475.13 and traded as high as GBX 500. Eagle Eye Solutions Group shares last traded at GBX 485, with a volume of 24,454 shares changing hands.

Analysts Set New Price Targets

A number of analysts have issued reports on EYE shares. Canaccord Genuity Group boosted their price target on shares of Eagle Eye Solutions Group from GBX 660 to GBX 675 and gave the stock a “buy” rating in a research note on Friday, July 17th. Shore Capital Group reissued a “house stock” rating on shares of Eagle Eye Solutions Group in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, Eagle Eye Solutions Group has a consensus rating of “Buy” and a consensus target price of GBX 675.

Eagle Eye Solutions Group Stock Up 0.8%

The business has a 50-day moving average price of GBX 475.85 and a two-hundred day moving average price of GBX 410.40. The company has a quick ratio of 1.08, a current ratio of 1.57 and a debt-to-equity ratio of 0.07. The firm has a market cap of £146.60 million, a PE ratio of -1,426.47 and a beta of 0.65.

About Eagle Eye Solutions Group

Eagle Eye is a leading SaaS and AI company, enabling retail, travel and hospitality brands to earn lasting customer loyalty through harnessing the power of real-time, omnichannel and personalized marketing. Our powerful technology combines the world’s most flexible and scalable loyalty and promotions capability with cutting edge, built-for-purpose AI to deliver 1:1 personalization at scale for enterprise businesses, globally.

Our growing customer base includes Loblaws, Southeastern Grocers, Giant Eagle, Asda, Tesco, Morrisons, JD Sports, E.Leclerc, Carrefour, the Woolworths Group and many more.