Eagle Eye Solutions Group (LON:EYE) Shares Up 7.5% After Analyst Upgrade

Eagle Eye Solutions Group plc (LON:EYE) shares traded up 7.5% during mid-day 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 were traded 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 restated a “house stock” rating on shares of Eagle Eye Solutions Group in a research note on Friday, May 29th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 675.

Insider Buying and Selling at Eagle Eye Solutions Group

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

Eagle Eye Solutions Group Trading Up 7.5%

The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.08 and a current ratio of 1.57. The business’s 50 day moving average price is GBX 449.11 and its 200-day moving average price is GBX 380.21. The firm has a market cap of £151.13 million, a price-to-earnings 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.