Beeks Financial Cloud Group (LON:BKS) Issues Earnings Results

Beeks Financial Cloud Group (LON:BKS) released its earnings results on Monday. The company reported GBX 0.47 ($0.01) EPS for the quarter, Digital Look Earnings reports. Beeks Financial Cloud Group had a net margin of 7.70% and a return on equity of 6.12%.

Beeks Financial Cloud Group Stock Up 1.0 %

BKS stock opened at GBX 200 ($2.60) on Tuesday. The stock has a market capitalization of £130.74 million, a P/E ratio of 59.15 and a beta of 0.38. The firm has a 50-day simple moving average of GBX 279.65 and a 200-day simple moving average of GBX 270.64. The company has a quick ratio of 1.85, a current ratio of 2.09 and a debt-to-equity ratio of 7.72. Beeks Financial Cloud Group has a 52 week low of GBX 162 ($2.10) and a 52 week high of GBX 327 ($4.25).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 335 ($4.35) target price on shares of Beeks Financial Cloud Group in a research note on Monday.

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.