Proservice Building Services Marketplace (LON:PRO) Posts Earnings Results

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

Proservice Building Services Marketplace Stock Down 12.1%

LON:PRO opened at GBX 2.11 on Wednesday. The business’s 50-day moving average price is GBX 2.27 and its 200 day moving average price is GBX 3.74. The firm has a market cap of £16.86 million and a P/E ratio of -4.14. Proservice Building Services Marketplace has a 52-week low of GBX 1.50 and a 52-week high of GBX 9.50.

Insiders Place Their Bets

In other Proservice Building Services Marketplace news, insider Tom Shorten purchased 639,466 shares of the business’s stock in a transaction 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. Insiders own 1.47% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 5 target price on shares of Proservice Building Services Marketplace in a research report on Tuesday. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Proservice Building Services Marketplace has an average rating of “Buy” and an average price target of GBX 5.

Proservice Building Services Marketplace Company Profile

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).