Big Technologies (LON:BIG) Trading Up 3.2% – What’s Next?

Big Technologies PLC (LON:BIG)’s stock price was up 3.2% during mid-day trading on Friday . The company traded as high as GBX 111.50 and last traded at GBX 111.50. Approximately 1,040,398 shares changed hands during trading, an increase of 48% from the average daily volume of 704,747 shares. The stock had previously closed at GBX 108.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on BIG shares. Peel Hunt boosted their price target on Big Technologies from GBX 80 to GBX 100 and gave the company a “hold” rating in a research note on Thursday, January 29th. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 105 price objective on shares of Big Technologies in a report on Tuesday, January 27th. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Big Technologies presently has a consensus rating of “Hold” and an average target price of GBX 95.

Big Technologies Trading Up 3.2%

The firm’s 50-day simple moving average is GBX 90.54 and its 200 day simple moving average is GBX 82.59. The company has a debt-to-equity ratio of 1.41, a current ratio of 13.12 and a quick ratio of 7.23. The firm has a market capitalization of £326.31 million, a price-to-earnings ratio of -10.52 and a beta of 0.51.

About Big Technologies

Big Technologies is the parent company of the Buddi group, which was founded in 2005. Today, Big Technologies is a proven supplier of innovative and high-quality products and services to the remote personal monitoring industry. Big Technologies provides products and services under the ‘Buddi’ brand with the primary focus being the criminal justice market. Big Technologies (under the Buddi brand) has created a leading, integrated technology platform (including both hardware and software solutions) for remote monitoring of individuals, providing state-of-the-art Electronic Monitoring (EM) solutions on a SaaS-like, subscription basis.