Beeks Financial Cloud Group plc (LON:BKS) Insider Acquires £10,791 in Stock

Beeks Financial Cloud Group plc (LON:BKS) insider Andrew William Crawford Meldrum acquired 4,950 shares of Beeks Financial Cloud Group stock in a transaction on Monday, March 24th. The shares were bought at an average cost of GBX 218 ($2.82) per share, with a total value of £10,791 ($13,970.74).

Beeks Financial Cloud Group Stock Performance

Shares of LON:BKS opened at GBX 227 ($2.94) on Friday. Beeks Financial Cloud Group plc has a 12-month low of GBX 162 ($2.10) and a 12-month high of GBX 327 ($4.23). The business has a 50 day moving average of GBX 270.83 and a 200-day moving average of GBX 268.12. The company has a quick ratio of 1.85, a current ratio of 2.09 and a debt-to-equity ratio of 7.72. The stock has a market cap of £148.38 million, a PE ratio of 67.14 and a beta of 0.38.

Beeks Financial Cloud Group (LON:BKS) last released its quarterly earnings results on Monday, March 17th. The company reported GBX 0.47 ($0.01) earnings per share (EPS) for the quarter. Beeks Financial Cloud Group had a return on equity of 6.12% and a net margin of 7.70%. As a group, equities research analysts forecast that Beeks Financial Cloud Group plc will post 7.3180848 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 335 ($4.34) target price on shares of Beeks Financial Cloud Group in a research note on Monday, March 17th.

Beeks Financial Cloud Group Company Profile

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.