Beeks Financial Cloud Group (LON:BKS) Receives “Buy” Rating from Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of Beeks Financial Cloud Group (LON:BKS) in a research note published on Monday morning, Marketbeat.com reports. They currently have a GBX 335 ($4.35) target price on the stock.

Beeks Financial Cloud Group Price Performance

BKS stock opened at GBX 198 ($2.57) on Monday. Beeks Financial Cloud Group has a 12-month low of GBX 162 ($2.10) and a 12-month high of GBX 327 ($4.25). The company has a current ratio of 2.09, a quick ratio of 1.85 and a debt-to-equity ratio of 7.72. The firm’s 50-day moving average price is GBX 279.65 and its two-hundred day moving average price is GBX 270.64. The stock has a market capitalization of £129.43 million, a price-to-earnings ratio of 58.56 and a beta of 0.38.

Beeks Financial Cloud Group (LON:BKS) last announced its quarterly earnings results on Monday, March 17th. The company reported GBX 0.47 ($0.01) earnings per share (EPS) for the quarter. Beeks Financial Cloud Group had a net margin of 7.70% and a return on equity of 6.12%. As a group, equities analysts predict that Beeks Financial Cloud Group will post 7.3180848 earnings per share for the current year.

About Beeks Financial Cloud Group

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.