Big Technologies (LON:BIG) Stock Price Up 0.4% – Still a Buy?

Big Technologies PLC (LON:BIG) rose 0.4% during trading on Monday . The stock traded as high as GBX 99 and last traded at GBX 98. Approximately 199,223 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 493,391 shares. The stock had previously closed at GBX 97.60.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Peel Hunt boosted their price target on Big Technologies from GBX 80 to GBX 100 and gave the company a “hold” rating in a research note on Thursday, January 29th. Berenberg Bank restated a “hold” rating and set a GBX 105 price target on shares of Big Technologies in a research report on Monday, March 30th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of GBX 95.

Big Technologies Stock Performance

The firm has a fifty day simple moving average of GBX 97.84 and a 200-day simple moving average of GBX 85.05. The company has a current ratio of 2.35, a quick ratio of 7.23 and a debt-to-equity ratio of 2.31. The stock has a market cap of £288.13 million, a price-to-earnings ratio of -12.33 and a beta of 0.86.

Big Technologies (LON:BIG) last posted its quarterly earnings results on Monday, March 30th. The company reported GBX 6.20 earnings per share for the quarter. The company had revenue of GBX 4,973 million for the quarter. Big Technologies had a negative return on equity of 26.32% and a negative net margin of 46.62%. Analysts forecast that Big Technologies PLC will post 6.8231441 EPS for the current fiscal year.

Big Technologies Company Profile

Big Technologies is the parent company of the Buddi group, which was founded in 2005. Today, Big Technologies is a proven supplier of innovative and high-quality products and services to the remote personal monitoring industry. Big Technologies provides products and services under the ‘Buddi’ brand with the primary focus being the criminal justice market. Big Technologies (under the Buddi brand) has created a leading, integrated technology platform (including both hardware and software solutions) for remote monitoring of individuals, providing state-of-the-art Electronic Monitoring (EM) solutions on a SaaS-like, subscription basis.