Beeks Financial Cloud Group’s (BKS) “Buy” Rating Reiterated at Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of Beeks Financial Cloud Group (LON:BKS) in a research report released on Monday, Marketbeat.com reports. The firm currently has a GBX 335 ($4.35) price target on the stock.

Beeks Financial Cloud Group Stock Down 22.0 %

Shares of BKS stock opened at GBX 198 ($2.57) on Monday. Beeks Financial Cloud Group has a 12 month low of GBX 162 ($2.10) and a 12 month high of GBX 327 ($4.25). The stock has a market cap of £129.43 million, a P/E ratio of 58.56 and a beta of 0.38. The company has a current ratio of 2.09, a quick ratio of 1.85 and a debt-to-equity ratio of 7.72. The company has a 50 day simple moving average of GBX 279.65 and a two-hundred day simple moving average of GBX 270.64.

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

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.