PensionBee Group (LON:PBEE) Stock Price Down 0.9% – Here’s Why

PensionBee Group plc (LON:PBEE)’s stock price traded down 0.9% during trading on Monday . The stock traded as low as GBX 153 and last traded at GBX 158.50. 26,759 shares were traded during mid-day trading, a decline of 88% from the average session volume of 220,822 shares. The stock had previously closed at GBX 160.

Analysts Set New Price Targets

PBEE has been the subject of several analyst reports. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 217 price objective on shares of PensionBee Group in a research report on Thursday, January 22nd. Berenberg Bank restated a “buy” rating and issued a GBX 210 target price on shares of PensionBee Group in a research report on Thursday, January 22nd. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, PensionBee Group presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 199.

PensionBee Group Stock Performance

The stock has a market cap of £377.09 million, a price-to-earnings ratio of -84.31, a PEG ratio of -0.09 and a beta of 0.37. The company’s 50 day simple moving average is GBX 160.43 and its 200 day simple moving average is GBX 158.83. The company has a debt-to-equity ratio of 0.66, a quick ratio of 7.03 and a current ratio of 5.13.

PensionBee Group Company Profile

PensionBee is creating a global leader in the consumer retirement market with approximately £7 billion in assets on behalf of c.300,000 customers.

Founded in 2014, we aspire to make as many people as possible pension confident so that everyone can enjoy a happy retirement. We help our customers to combine their retirement savings into a new online account, which they can manage from the palm of their hand.

PensionBee accounts are invested by the world’s largest investment managers, collectively looking after more than $10 trillion in savings between them.