Gordon McArthur Sells 300,000 Shares of Beeks Financial Cloud Group plc (LON:BKS) Stock

Beeks Financial Cloud Group plc (LON:BKS) insider Gordon McArthur sold 300,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of GBX 260 ($3.28), for a total value of £780,000 ($985,097.25).

Beeks Financial Cloud Group Price Performance

LON:BKS traded down GBX 4.50 ($0.06) during trading hours on Friday, hitting GBX 255.50 ($3.23). The company’s stock had a trading volume of 145,719 shares, compared to its average volume of 208,128. The company has a debt-to-equity ratio of 10.49, a current ratio of 2.03 and a quick ratio of 1.85. The company has a market capitalization of £170.32 million, a P/E ratio of 26,000.00 and a beta of 0.38. Beeks Financial Cloud Group plc has a twelve month low of GBX 92.10 ($1.16) and a twelve month high of GBX 290 ($3.66). The stock has a fifty day simple moving average of GBX 256.23 and a 200-day simple moving average of GBX 219.44.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 335 ($4.23) price target on shares of Beeks Financial Cloud Group in a research report on Tuesday, October 15th.

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.