Beeks Financial Cloud Group (LON:BKS) Posts Quarterly Earnings Results

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

Beeks Financial Cloud Group Price Performance

Shares of Beeks Financial Cloud Group stock opened at GBX 208.38 ($2.71) on Wednesday. The stock has a 50 day moving average of GBX 277.93 and a 200 day moving average of GBX 270.23. Beeks Financial Cloud Group has a 12 month low of GBX 162 ($2.11) and a 12 month high of GBX 327 ($4.25). The firm has a market cap of £136.21 million, a PE ratio of 61.63 and a beta of 0.38. The company has a current ratio of 2.09, a quick ratio of 1.85 and a debt-to-equity ratio of 7.72.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 335 ($4.36) target price on shares of Beeks Financial Cloud Group in a research report on Monday.

Beeks Financial Cloud Group Company Profile

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.