PensionBee Group (LON:PBEE) Trading 0.3% Higher – Here’s Why

PensionBee Group plc (LON:PBEE) shares rose 0.3% on Thursday . The company traded as high as GBX 148.50 ($1.92) and last traded at GBX 145.50 ($1.88). Approximately 329,004 shares were traded during trading, an increase of 118% from the average daily volume of 151,064 shares. The stock had previously closed at GBX 145 ($1.87).

Analysts Set New Price Targets

Several analysts recently issued reports on PBEE shares. Berenberg Bank reaffirmed a “buy” rating and set a GBX 210 ($2.71) price objective on shares of PensionBee Group in a report on Thursday, March 13th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 217 ($2.80) price target on shares of PensionBee Group in a report on Thursday, March 13th.

PensionBee Group Stock Down 5.0 %

The stock has a market capitalization of £324.62 million, a price-to-earnings ratio of -59.54, a price-to-earnings-growth ratio of -0.09 and a beta of 0.37. The stock has a 50 day moving average price of GBX 155.05 and a 200 day moving average price of GBX 160.88. The company has a quick ratio of 7.03, a current ratio of 4.23 and a debt-to-equity ratio of 2.45.

PensionBee Group (LON:PBEE) last announced its earnings results on Wednesday, March 12th. The company reported GBX (1.38) (($0.02)) earnings per share (EPS) for the quarter. PensionBee Group had a negative net margin of 18.26% and a negative return on equity of 36.87%. As a group, analysts forecast that PensionBee Group plc will post -9.3899999 EPS for the current year.

About PensionBee Group

PensionBee is creating a global leader in the consumer retirement market with £6 billion in assets on behalf of 265,000 customers.

Founded in 2014, we aspire to make as many people as possible pension confident so that everyone can enjoy a happy retirement.
We help our customers to combine their retirement savings into a new online account, which they can manage from the palm of their hand.

PensionBee accounts are invested by the world’s largest investment managers, collectively looking after more than $10 trillion in savings between them.