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

Beeks Financial Cloud Group (LON:BKS) issued its quarterly earnings data on Monday. The company reported GBX (0.75) earnings per share for the quarter, Digital Look Earnings reports. Beeks Financial Cloud Group had a net margin of 8.26% and a return on equity of 7.20%.

Beeks Financial Cloud Group Price Performance

Shares of BKS opened at GBX 176 on Monday. Beeks Financial Cloud Group has a fifty-two week low of GBX 171 and a fifty-two week high of GBX 330.86. The firm’s 50 day moving average price is GBX 220.28 and its 200 day moving average price is GBX 224.47. The company has a market cap of £120.27 million, a P/E ratio of 42.72 and a beta of 0.10. The company has a quick ratio of 1.85, a current ratio of 1.61 and a debt-to-equity ratio of 13.63.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 335 target price on shares of Beeks Financial Cloud Group in a research note on Thursday, December 18th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Beeks Financial Cloud Group currently has an average rating of “Buy” and a consensus target price of GBX 335.

Insider Transactions at Beeks Financial Cloud Group

In other Beeks Financial Cloud Group news, insider Gordon McArthur sold 200,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 23rd. The shares were sold at an average price of GBX 232, for a total value of £464,000. 32.66% of the stock is currently owned by company insiders.

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.