4GLOBAL’s (4GBL) “Buy” Rating Reaffirmed at Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of 4GLOBAL (LON:4GBL) in a research note issued to investors on Thursday morning, MarketBeat.com reports. The brokerage currently has a GBX 100 ($1.26) target price on the stock.

4GLOBAL Stock Performance

4GBL opened at GBX 46.50 ($0.59) on Thursday. The company has a market capitalization of £12.25 million, a price-to-earnings ratio of -4,650.00 and a beta of -0.40. The business’s 50-day moving average price is GBX 45.47 and its two-hundred day moving average price is GBX 47.23. 4GLOBAL has a 1 year low of GBX 41.27 ($0.52) and a 1 year high of GBX 65 ($0.82). The company has a debt-to-equity ratio of 6.72, a current ratio of 3.15 and a quick ratio of 3.05.

About 4GLOBAL

4GLOBAL plc, together with its subsidiaries, operates as a data, services, and software company, focuses on sporting events and the promotion and measurement of physical activities worldwide. The company offers sport technology, data and insights to governments, cities, activity providers and sport federations; DataHub, a proprietary data and software solution that convert data into actionable insight, which enables clients to promote sports participation to reduce physical inactivity, and to achieve economic, social, and healthcare outcomes.