Eagle Eye Solutions Group (LON:EYE) Shares Up 11.6% After Insider Buying Activity

Eagle Eye Solutions Group plc (LON:EYE)’s share price shot up 11.6% during trading on Friday after an insider bought additional shares in the company. The stock traded as high as GBX 390 and last traded at GBX 385. 300,083 shares changed hands during mid-day trading, an increase of 477% from the average session volume of 52,040 shares. The stock had previously closed at GBX 345.

Specifically, insider Anne De Kerckhove acquired 3,921 shares of the stock in a transaction dated Friday, April 24th. The stock was acquired at an average cost of GBX 383 per share, with a total value of £15,017.43.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on EYE. Shore Capital Group reaffirmed a “house stock” rating on shares of Eagle Eye Solutions Group in a research note on Tuesday, January 20th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 660 price objective on shares of Eagle Eye Solutions Group in a research note on Wednesday, March 18th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of GBX 660.

Eagle Eye Solutions Group Price Performance

The company has a current ratio of 1.57, a quick ratio of 1.08 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of £114.36 million, a P/E ratio of -1,126.47 and a beta of 0.49. The stock has a 50 day moving average of GBX 340.73 and a 200-day moving average of GBX 316.70.

Eagle Eye Solutions Group (LON:EYE) last issued its quarterly earnings results on Tuesday, March 17th. The company reported GBX 0.46 earnings per share (EPS) for the quarter. Eagle Eye Solutions Group had a return on equity of 0.31% and a net margin of 0.22%. On average, equities research analysts anticipate that Eagle Eye Solutions Group plc will post 12.1000003 earnings per share for the current fiscal year.

Eagle Eye Solutions Group Company Profile

Eagle Eye is a leading SaaS and AI company, enabling retail, travel and hospitality brands to earn lasting customer loyalty through harnessing the power of real-time, omnichannel and personalized marketing. Our powerful technology combines the world’s most flexible and scalable loyalty and promotions capability with cutting edge, built-for-purpose AI to deliver 1:1 personalization at scale for enterprise businesses, globally.

Our growing customer base includes Loblaws, Southeastern Grocers, Giant Eagle, Asda, Tesco, Morrisons, JD Sports, E.Leclerc, Carrefour, the Woolworths Group and many more.