Berenberg Bank Reiterates Hold Rating for Big Technologies (LON:BIG)

Big Technologies (LON:BIG)‘s stock had its “hold” rating reiterated by research analysts at Berenberg Bank in a research note issued to investors on Tuesday, MarketBeat Ratings reports. They currently have a GBX 80 ($1.08) price target on the stock. Berenberg Bank’s price objective suggests a potential downside of 20.79% from the company’s previous close.

Big Technologies Stock Up 1.2%

Shares of BIG opened at GBX 101 ($1.37) on Tuesday. Big Technologies has a 12-month low of GBX 58 ($0.79) and a 12-month high of GBX 173 ($2.34). The company has a current ratio of 13.12, a quick ratio of 7.23 and a debt-to-equity ratio of 1.41. The company has a market capitalization of £286.89 million, a PE ratio of 22.62 and a beta of 0.51. The business’s 50 day moving average is GBX 85.45 and its 200 day moving average is GBX 108.01.

Big Technologies (LON:BIG) last announced its quarterly earnings results on Thursday, May 22nd. The company reported GBX 6.80 ($0.09) earnings per share for the quarter. Big Technologies had a net margin of 23.01% and a return on equity of 9.67%. Research analysts expect that Big Technologies will post 6.8231441 earnings per share for the current fiscal year.

Insider Transactions at Big Technologies

In other Big Technologies news, insider Charles James John Lewinton bought 14,705 shares of the business’s stock in a transaction dated Thursday, May 22nd. The shares were purchased at an average price of GBX 102 ($1.38) per share, with a total value of £14,999.10 ($20,326.74). Also, insider Mike Johns bought 4,901 shares of the firm’s stock in a transaction dated Thursday, May 22nd. The shares were acquired at an average price of GBX 102 ($1.38) per share, with a total value of £4,999.02 ($6,774.66). In the last 90 days, insiders purchased 67,356 shares of company stock worth $6,870,312. 52.52% of the stock is currently owned by company insiders.

About Big Technologies

Big Technologies is the parent company of Buddi, which was founded in 2005 by its current CEO, Sara Murray, following an initial idea to create a GPS device small enough for a child to carry. Today, Big Technologies is a proven supplier of innovative and high-quality products and services to the remote personal monitoring industry.