PensionBee Group (LON:PBEE) Reaches New 52-Week Low – Should You Sell?

PensionBee Group plc (LON:PBEE)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 119.50 and last traded at GBX 120, with a volume of 79222 shares traded. The stock had previously closed at GBX 123.50.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on PBEE. Canaccord Genuity Group restated a “buy” rating and set a GBX 217 price objective on shares of PensionBee Group in a research note on Thursday. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 210 price objective on shares of PensionBee Group in a research report on Thursday. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 175 price objective on shares of PensionBee Group in a research note on Thursday. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 200.67.

PensionBee Group Stock Down 2.8%

The company has a current ratio of 9.34, a quick ratio of 7.03 and a debt-to-equity ratio of 0.35. The stock’s 50-day moving average price is GBX 132.61 and its two-hundred day moving average price is GBX 145.43. The stock has a market capitalization of £286.63 million, a P/E ratio of -100.00, a P/E/G ratio of -0.09 and a beta of 0.43.

PensionBee Group Company Profile

PensionBee is creating a global leader in the consumer retirement market with approximately £7.5 billion (approximately $10 billion) in assets on behalf of approximately 315,000 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.