Beeks Financial Cloud Group (LON:BKS) Announces Quarterly Earnings Results

Beeks Financial Cloud Group (LON:BKS) issued its quarterly earnings data on Monday. The company reported GBX 8.40 EPS for the quarter, Digital Look Earnings reports. Beeks Financial Cloud Group had a return on equity of 7.23% and a net margin of 8.29%.

Beeks Financial Cloud Group Price Performance

LON:BKS opened at GBX 191.12 on Thursday. The company has a debt-to-equity ratio of 19.92, a current ratio of 1.75 and a quick ratio of 1.85. Beeks Financial Cloud Group has a one year low of GBX 145.50 and a one year high of GBX 330.86. The company has a fifty day moving average price of GBX 207.25 and a 200 day moving average price of GBX 193.95. The stock has a market cap of £131.53 million, a P/E ratio of 167.65 and a beta of 0.35.

Insider Transactions at Beeks Financial Cloud Group

In other Beeks Financial Cloud Group news, insider Fraser McDonald sold 50,000 shares of the firm’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of GBX 210, for a total value of £105,000. 32.43% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group dropped their price target on shares of Beeks Financial Cloud Group from GBX 335 to GBX 300 and set a “buy” rating on the stock in a research report on Monday. One research analyst has rated the stock with a Buy rating. According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of GBX 300.

About Beeks Financial Cloud Group

Cloud computing is crucial to Capital Markets and finance. Beeks Group is a leading managed cloud provider exclusively within this fast-moving sector. Our Infrastructure-as-a-Service model is optimised for low-latency private cloud compute, connectivity and analytics, providing the flexibility to deploy and connect to exchanges, trading venues and public cloud for a true hybrid cloud experience.

ISO 27001 certified, we provide world-class security aligned to global security requirements. Founded in 2011, Beeks Group is listed on the London Stock Exchange (LSE: BKS) and has enjoyed continued growth each year.