Beeks Financial Cloud Group (LON:BKS) Trading Up 0.8%

Shares of Beeks Financial Cloud Group plc (LON:BKS) shot up 0.8% on Tuesday . The company traded as high as GBX 251 ($3.36) and last traded at GBX 249 ($3.33). 89,882 shares changed hands during trading, a decline of 57% from the average session volume of 208,990 shares. The stock had previously closed at GBX 247 ($3.30).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 260 ($3.48) price target on shares of Beeks Financial Cloud Group in a research report on Wednesday, August 14th.

Beeks Financial Cloud Group Stock Performance

The firm has a 50 day moving average of GBX 245.28 and a two-hundred day moving average of GBX 201.69. The stock has a market cap of £165.98 million, a P/E ratio of 24,900.00 and a beta of 0.38. The company has a debt-to-equity ratio of 10.49, a quick ratio of 1.85 and a current ratio of 2.03.

About Beeks Financial Cloud Group

Beeks Financial Cloud Group plc, together with its subsidiaries, provides managed cloud computing, connectivity, and analytics services for capital markets and financial services sectors in the United Kingdom, Europe, the United States, and internationally. The company offers on-demand computing solutions, including dedicated and virtual private servers, as well as private portals; managed cloud solutions comprising private, proximity, exchange, hybrid, and public cloud solutions; and analytics solutions, such as MDPlay, analytics as a service, and analytics enterprise.