PensionBee Group (LON:PBEE) Stock Price Down 2.6% – Here’s Why

PensionBee Group plc (LON:PBEE)’s stock price traded down 2.6% during mid-day trading on Friday . The stock traded as low as GBX 149.12 ($1.88) and last traded at GBX 150 ($1.89). 305,389 shares traded hands during mid-day trading, an increase of 46% from the average session volume of 209,623 shares. The stock had previously closed at GBX 154 ($1.94).

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and set a GBX 210 ($2.65) price target on shares of PensionBee Group in a research note on Thursday, October 24th.

PensionBee Group Stock Performance

The company has a quick ratio of 7.03, a current ratio of 4.23 and a debt-to-equity ratio of 2.45. The business has a 50 day moving average price of GBX 171.93 and a two-hundred day moving average price of GBX 162.76. The stock has a market cap of £337.85 million, a P/E ratio of -7,500.00, a price-to-earnings-growth ratio of -0.09 and a beta of 0.37.

About PensionBee Group

PensionBee Group plc, a direct-to-consumer financial technology company, provides online pension services in the United Kingdom and the United States. The company’s technology platform allows its customers to combine their pensions and invest in a range of online plans, forecast how much they are expected to have saved by the time they retire, and make withdrawals from their pensions.