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

Beeks Financial Cloud Group (LON:BKS)‘s stock had its “buy” rating reissued by research analysts at Canaccord Genuity Group in a research report issued to clients and investors on Monday, MarketBeat reports. They currently have a GBX 335 target price on the stock. Canaccord Genuity Group’s target price points to a potential upside of 65.02% from the stock’s previous close.

Beeks Financial Cloud Group Price Performance

BKS stock opened at GBX 203 on Monday. The company has a market capitalization of £136.73 million, a P/E ratio of 5,901.16 and a beta of 0.38. The company has a debt-to-equity ratio of 7.72, a quick ratio of 1.85 and a current ratio of 2.09. Beeks Financial Cloud Group has a 52-week low of GBX 171 and a 52-week high of GBX 327. The business has a 50-day simple moving average of GBX 214.16 and a two-hundred day simple moving average of GBX 216.11.

Beeks Financial Cloud Group (LON:BKS) last released its earnings results on Monday, October 6th. The company reported GBX 8.47 earnings per share (EPS) for the quarter. Beeks Financial Cloud Group had a return on equity of 6.12% and a net margin of 7.70%. Research analysts expect that Beeks Financial Cloud Group will post 7.3180848 EPS for the current fiscal 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.