Eagle Eye Solutions Group (LON:EYE) Share Price Crosses Above 50 Day Moving Average – What’s Next?

Eagle Eye Solutions Group plc (LON:EYE)’s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 458.53 and traded as high as GBX 490. Eagle Eye Solutions Group shares last traded at GBX 490, with a volume of 54,771 shares traded.

Wall Street Analyst Weigh In

Several research firms have commented on EYE. Shore Capital Group reiterated a “house stock” rating on shares of Eagle Eye Solutions Group in a research note on Friday, July 17th. Canaccord Genuity Group upped their target price on Eagle Eye Solutions Group from GBX 660 to GBX 675 and gave the company a “buy” rating in a report on Friday, July 17th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Eagle Eye Solutions Group currently has a consensus rating of “Buy” and a consensus price target of GBX 675.

Eagle Eye Solutions Group Stock Performance

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 £148.11 million, a P/E ratio of -1,441.18 and a beta of 0.64. The company’s 50-day moving average is GBX 458.53 and its two-hundred day moving average is GBX 387.83.

About Eagle Eye Solutions Group

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.