Beeks Financial Cloud Group (LON:BKS) Given Buy Rating at Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of Beeks Financial Cloud Group (LON:BKS) in a report released on Monday morning, Marketbeat reports. They currently have a GBX 335 ($4.50) price objective on the stock.

Beeks Financial Cloud Group Stock Down 5.0%

Shares of LON:BKS opened at GBX 201.50 ($2.71) on Monday. The company has a market capitalization of £131.72 million, a PE ratio of 59.59 and a beta of 0.38. The company has a current ratio of 2.09, a quick ratio of 1.85 and a debt-to-equity ratio of 7.72. Beeks Financial Cloud Group has a twelve month low of GBX 171 ($2.30) and a twelve month high of GBX 327 ($4.39). The firm has a 50 day simple moving average of GBX 217.82 and a 200-day simple moving average of GBX 242.03.

Insider Buying and Selling at Beeks Financial Cloud Group

In other news, insider Gordon McArthur sold 260,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of GBX 214 ($2.87), for a total transaction of £556,400 ($747,046.19). Corporate insiders own 44.43% of the company’s stock.

Beeks Financial Cloud Group Company Profile

Cloud computing is crucial to Capital Markets and finance. Beeks Group is a leading managed cloud provider exclusively within this fast-moving sector. Our Infrastructure-as-a-Service model is optimised for low-latency private cloud compute, connectivity and analytics, providing the flexibility to deploy and connect to exchanges, trading venues and public cloud for a true hybrid cloud experience.

ISO 27001 certified, we provide world-class security aligned to global security requirements.