4GLOBAL (LON:4GBL) Earns “Buy” Rating from Canaccord Genuity Group

4GLOBAL (LON:4GBL)‘s stock had its “buy” rating reiterated by analysts at Canaccord Genuity Group in a research note issued to investors on Thursday, MarketBeat.com reports. They presently have a GBX 100 ($1.26) price objective on the stock. Canaccord Genuity Group’s target price indicates a potential upside of 115.05% from the stock’s current price.

4GLOBAL Stock Performance

Shares of 4GLOBAL stock opened at GBX 46.50 ($0.59) on Thursday. The business has a 50-day simple moving average of GBX 45.47 and a 200-day simple moving average of GBX 47.23. The company has a debt-to-equity ratio of 6.72, a quick ratio of 3.05 and a current ratio of 3.15. 4GLOBAL has a one year low of GBX 41.27 ($0.52) and a one year high of GBX 65 ($0.82). The company has a market cap of £12.25 million, a PE ratio of -4,650.00 and a beta of -0.40.

4GLOBAL Company Profile

4GLOBAL plc, together with its subsidiaries, operates as a data, services, and software company, focuses on sporting events and the promotion and measurement of physical activities worldwide. The company offers sport technology, data and insights to governments, cities, activity providers and sport federations; DataHub, a proprietary data and software solution that convert data into actionable insight, which enables clients to promote sports participation to reduce physical inactivity, and to achieve economic, social, and healthcare outcomes.