Beeks Financial Cloud Group (LON:BKS) Stock Price Up 10.3% – Still a Buy?

Beeks Financial Cloud Group plc (LON:BKSGet Free Report)’s stock price rose 10.3% during mid-day trading on Tuesday . The stock traded as high as GBX 220 and last traded at GBX 215.05. 206,858 shares traded hands during mid-day trading, an increase of 5% from the average session volume of 196,662 shares. The stock had previously closed at GBX 195.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 335 price objective on shares of Beeks Financial Cloud Group in a report on Wednesday, July 15th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Beeks Financial Cloud Group currently has a consensus rating of “Buy” and a consensus price target of GBX 335.

Read Our Latest Analysis on Beeks Financial Cloud Group

Beeks Financial Cloud Group Stock Up 10.3%

The company has a quick ratio of 1.85, a current ratio of 1.71 and a debt-to-equity ratio of 20.02. The business has a 50-day simple moving average of GBX 187.14 and a two-hundred day simple moving average of GBX 194.49. The stock has a market capitalization of £146.96 million, a P/E ratio of 188.64 and a beta of 0.37.

About Beeks Financial Cloud Group

(Get Free Report)

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. Founded in 2011, Beeks Group is listed on the London Stock Exchange (LSE: BKS) and has enjoyed continued growth each year.

Further Reading

Receive News & Ratings for Beeks Financial Cloud Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Beeks Financial Cloud Group and related companies with MarketBeat.com's FREE daily email newsletter.