Big Technologies (LON:BIG) Stock Price Down 4.5% – Should You Sell?

Big Technologies PLC (LON:BIG)’s stock price fell 4.5% during trading on Thursday . The company traded as low as GBX 92.40 ($1.26) and last traded at GBX 94.20 ($1.28). 797,820 shares were traded during mid-day trading, a decline of 8% from the average session volume of 869,479 shares. The stock had previously closed at GBX 98.60 ($1.34).

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “hold” rating and issued a GBX 80 ($1.09) price objective on shares of Big Technologies in a research note on Tuesday, June 3rd.

Big Technologies Stock Performance

The business has a 50-day simple moving average of GBX 88.89 and a 200-day simple moving average of GBX 106.55. The firm has a market capitalization of £267.57 million, a PE ratio of 21.09 and a beta of 0.51. The company has a debt-to-equity ratio of 1.41, a current ratio of 13.12 and a quick ratio of 7.23.

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

Insiders Place Their Bets

In other news, insider Mike Johns acquired 4,901 shares of Big Technologies stock in a transaction on Thursday, May 22nd. The shares were bought at an average cost of GBX 102 ($1.39) per share, for a total transaction of £4,999.02 ($6,806.02). Also, insider Charles James John Lewinton bought 14,705 shares of the stock in a transaction on Thursday, May 22nd. The stock was purchased at an average price of GBX 102 ($1.39) per share, with a total value of £14,999.10 ($20,420.83). Insiders have acquired a total of 67,356 shares of company stock worth $6,870,312 over the last quarter. Company insiders own 52.52% of the company’s stock.

Big Technologies Company Profile

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.