Beeks Financial Cloud Group plc (LON:BKS) Insider Andrew William Crawford Meldrum Acquires 4,950 Shares

Beeks Financial Cloud Group plc (LON:BKS) insider Andrew William Crawford Meldrum purchased 4,950 shares of the business’s stock in a transaction on Monday, March 24th. The stock was purchased at an average cost of GBX 218 ($2.82) per share, for a total transaction of £10,791 ($13,943.66).

Beeks Financial Cloud Group Trading Up 3.2 %

Shares of BKS traded up GBX 7 ($0.09) during mid-day trading on Tuesday, hitting GBX 225 ($2.91). 187,448 shares of the company’s stock traded hands, compared to its average volume of 323,222. The business’s 50-day moving average price is GBX 273.50 and its 200-day moving average price is GBX 268.89. Beeks Financial Cloud Group plc has a 1 year low of GBX 162 ($2.09) and a 1 year high of GBX 327 ($4.23). The firm has a market capitalization of £147.08 million, a P/E ratio of 66.54 and a beta of 0.38. The company has a quick ratio of 1.85, a current ratio of 2.09 and a debt-to-equity ratio of 7.72.

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

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 335 ($4.33) target price on shares of Beeks Financial Cloud Group in a report 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.