Eagle Eye Solutions Group (LON:EYE) Shares Pass Above 50 Day Moving Average – Time to Sell?

Eagle Eye Solutions Group plc (LON:EYE)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 430.86 and traded as high as GBX 465. Eagle Eye Solutions Group shares last traded at GBX 462.50, with a volume of 410,624 shares traded.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on EYE shares. Shore Capital Group reissued a “house stock” rating on shares of Eagle Eye Solutions Group in a research report on Friday, May 29th. Canaccord Genuity Group restated a “buy” rating and set a GBX 660 price objective on shares of Eagle Eye Solutions Group in a research report on Tuesday, May 26th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of GBX 660.

Eagle Eye Solutions Group Stock Up 1.1%

The business’s 50 day simple moving average is GBX 433.56 and its 200-day simple moving average is GBX 367.61. The company has a market cap of £145.07 million, a price-to-earnings ratio of -1,411.76 and a beta of 0.63. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.08 and a current ratio of 1.57.

Insider Buying and Selling at Eagle Eye Solutions Group

In other news, insider Anne De Kerckhove acquired 3,921 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The stock was acquired at an average cost of GBX 383 per share, for a total transaction of £15,017.43. Company insiders own 24.88% of the company’s stock.

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.