Eagle Eye Solutions Group (LON:EYE) Share Price Passes Above 50-Day Moving Average – What’s Next?

Shares of Eagle Eye Solutions Group plc (LON:EYE) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 483.60 and traded as high as GBX 500. Eagle Eye Solutions Group shares last traded at GBX 495, with a volume of 107,582 shares trading hands.

Analysts Set New Price Targets

A number of equities analysts have commented on EYE shares. Shore Capital Group reiterated a “house stock” rating on shares of Eagle Eye Solutions Group in a report on Tuesday. Canaccord Genuity Group restated a “buy” rating and issued a GBX 675 price target on shares of Eagle Eye Solutions Group in a report on Tuesday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Eagle Eye Solutions Group presently has an average rating of “Buy” and a consensus price target of GBX 675.

Eagle Eye Solutions Group Stock Performance

The company has a debt-to-equity ratio of 0.07, a current ratio of 1.57 and a quick ratio of 1.08. The firm has a market cap of £141.38 million, a price-to-earnings ratio of -1,375.74 and a beta of 0.65. The firm has a fifty day simple moving average of GBX 483.50 and a two-hundred day simple moving average of GBX 424.14.

Eagle Eye Solutions Group (LON:EYE) last issued its quarterly earnings results on Tuesday, September 15th. The company reported GBX 0.94 earnings per share for the quarter. Eagle Eye Solutions Group had a return on equity of 0.31% and a net margin of 0.22%. On average, analysts expect that Eagle Eye Solutions Group plc will post 12.1000003 EPS for the current year.

Eagle Eye Solutions Group Company Profile

Eagle Eye is a leading SaaS and AI company, enabling retail, travel and hospitality brands to earn lasting customer loyalty through harnessing the power of real-time, omnichannel and personalized marketing. Our powerful technology combines the world’s most flexible and scalable loyalty and promotions capability with cutting edge, built-for-purpose AI to deliver 1:1 personalization at scale for enterprise businesses, globally.

Our growing customer base includes Loblaws, Southeastern Grocers, Giant Eagle, Asda, Tesco, Morrisons, JD Sports, E.Leclerc, Carrefour, the Woolworths Group and many more.