Big Technologies (LON:BIG) Announces Quarterly Earnings Results

Big Technologies (LON:BIG) issued its quarterly earnings data on Monday. The company reported GBX 3.50 EPS for the quarter, Digital Look Earnings reports. Big Technologies had a return on equity of 14.03% and a net margin of 25.74%.

Big Technologies Price Performance

BIG traded up GBX 1 during trading on Friday, reaching GBX 98. The company’s stock had a trading volume of 124,342 shares, compared to its average volume of 381,868. The company has a quick ratio of 7.23, a current ratio of 6.24 and a debt-to-equity ratio of 1.97. The firm has a fifty day simple moving average of GBX 98.31 and a two-hundred day simple moving average of GBX 98.56. Big Technologies has a 1 year low of GBX 56.17 and a 1 year high of GBX 114.50. The company has a market cap of £285.91 million, a price-to-earnings ratio of -12.25 and a beta of 0.95.

Analyst Ratings Changes

BIG has been the topic of a number of recent analyst reports. Peel Hunt reissued a “buy” rating and issued a GBX 119 price target on shares of Big Technologies in a research note on Monday, July 27th. Berenberg Bank restated a “hold” rating and set a GBX 105 price objective on shares of Big Technologies in a research report on Monday. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of GBX 101.33.

About Big Technologies

Big Technologies is the parent company of the Buddi group, which was founded in 2005. Today, Big Technologies is a proven supplier of innovative and high-quality products and services to the remote personal monitoring industry. Big Technologies provides products and services under the ‘Buddi’ brand with the primary focus being the criminal justice market. Big Technologies (under the Buddi brand) has created a leading, integrated technology platform (including both hardware and software solutions) for remote monitoring of individuals, providing state-of-the-art Electronic Monitoring (EM) solutions on a SaaS-like, subscription basis.