The Beauty Tech Group (LON:TBTG) Trading Up 9% Following Analyst Upgrade

The Beauty Tech Group (LON:TBTGGet Free Report)’s stock price rose 9% on Tuesday after Berenberg Bank raised their price target on the stock from GBX 500 to GBX 550. Berenberg Bank currently has a buy rating on the stock. The Beauty Tech Group traded as high as GBX 370 and last traded at GBX 362.98. Approximately 1,454,935 shares traded hands during trading, an increase of 483% from the average session volume of 249,678 shares. The stock had previously closed at GBX 333.

The Beauty Tech Group Trading Up 9.0%

The business has a 50-day moving average price of GBX 332.74 and a two-hundred day moving average price of GBX 306.60. The firm has a market capitalization of £385.49 million and a price-to-earnings ratio of 33.00.

The Beauty Tech Group (LON:TBTGGet Free Report) last released its quarterly earnings data on Thursday, April 16th. The beauty technology company reported GBX 11 earnings per share (EPS) for the quarter. The company had revenue of £140.96 million for the quarter.

About The Beauty Tech Group

(Get Free Report)

The Beauty Tech Group is a UK-headquartered beauty technology company focused on developing, marketing and selling clinically backed at-home beauty devices and related skincare products. The group operates a portfolio of category-leading brands, including CurrentBody Skin, ZIIP Beauty and Tria Laser, and offers products built around core aesthetic technologies used in professional settings, including LED light therapy, radio frequency, microcurrent and laser treatments.

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