Eagle Eye Solutions Group (LON:EYE) Trading 7.5% Higher After Analyst Upgrade

Shares of Eagle Eye Solutions Group plc (LON:EYE) shot up 7.5% during trading on Friday after Canaccord Genuity Group raised their price target on the stock from GBX 660 to GBX 675. Canaccord Genuity Group currently has a buy rating on the stock. Eagle Eye Solutions Group traded as high as GBX 503.89 and last traded at GBX 500. 511,948 shares changed hands during trading, an increase of 568% from the average daily volume of 76,641 shares. The stock had previously closed at GBX 465.

Separately, Shore Capital Group reissued a “house stock” rating on shares of Eagle Eye Solutions Group in a report on Friday, May 29th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Eagle Eye Solutions Group has a consensus rating of “Buy” and a consensus target price of GBX 675.

Insider Buying and Selling

In related news, insider Anne De Kerckhove bought 3,921 shares of Eagle Eye Solutions Group stock in a transaction on Friday, April 24th. The stock was acquired at an average price of GBX 383 per share, with a total value of £15,017.43. 24.88% of the stock is currently owned by corporate insiders.

Eagle Eye Solutions Group Price Performance

The business’s 50-day moving average price is GBX 451.31 and its 200 day moving average price is GBX 381.05. The company has a quick ratio of 1.08, a current ratio of 1.57 and a debt-to-equity ratio of 0.07. The company has a market capitalization of £151.13 million, a P/E ratio of -1,470.59 and a beta of 0.64.

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.