Proservice Building Services Marketplace (LON:PRO) Issues Quarterly Earnings Results

Proservice Building Services Marketplace (LON:PRO) issued its quarterly earnings results on Tuesday. The company reported GBX (0.92) earnings per share for the quarter, Digital Look Earnings reports.

Proservice Building Services Marketplace Price Performance

Shares of PRO stock traded down GBX 0.06 during trading hours on Tuesday, reaching GBX 2.40. 318,538 shares of the company traded hands, compared to its average volume of 1,136,460. Proservice Building Services Marketplace has a 12-month low of GBX 1.50 and a 12-month high of GBX 9.50. The company has a market cap of £19.18 million and a P/E ratio of -4.71. The firm has a 50-day moving average price of GBX 2.27 and a 200 day moving average price of GBX 3.74.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 5 price objective on shares of Proservice Building Services Marketplace in a research note on Tuesday. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, Proservice Building Services Marketplace has a consensus rating of “Buy” and a consensus target price of GBX 5.

Insider Activity

In other news, insider Tom Shorten bought 639,466 shares of Proservice Building Services Marketplace stock in a transaction that occurred on Monday, July 20th. The stock was bought at an average cost of GBX 2 per share, with a total value of £12,789.32. Company insiders own 1.47% of the company’s stock.

About Proservice Building Services Marketplace

ProService Building Services Marketplace plc (“ProService”) is the leading digital marketplace business focussed on customer and supplier acquisition. Technology driven, scalable and uniquely differentiated, ProService is a one-stop-shop providing a wide range of building-related product and services for over 7,000 active account customers per month, in product verticals including equipment hire, training, fuel, equipment sales and building materials. ProService acts as principal with buyers and sellers, but all deliveries and collections are the responsibility of sellers (direct to buyer).