Big Technologies (LON:BIG) Releases Earnings Results

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

Big Technologies Trading Up 1.2%

LON:BIG traded up GBX 1.20 during trading hours on Wednesday, reaching GBX 99. The company’s stock had a trading volume of 67,994 shares, compared to its average volume of 385,330. The company has a debt-to-equity ratio of 1.97, a quick ratio of 7.23 and a current ratio of 6.24. Big Technologies has a 1 year low of GBX 56.17 and a 1 year high of GBX 114.50. The firm has a 50-day simple moving average of GBX 98.23 and a 200-day simple moving average of GBX 98.74. The firm has a market capitalization of £288.83 million, a price-to-earnings ratio of -12.38 and a beta of 0.95.

Analysts Set New Price Targets

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

Big Technologies Company Profile

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.