Eagle Eye Solutions Group (LON:EYE) Share Price Passes Below 200-Day Moving Average – Time to Sell?

Eagle Eye Solutions Group plc (LON:EYE)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 470.28 ($5.97) and traded as low as GBX 460 ($5.84). Eagle Eye Solutions Group shares last traded at GBX 480 ($6.09), with a volume of 10,935 shares.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Eagle Eye Solutions Group in a report on Monday, September 9th.

Eagle Eye Solutions Group Stock Up 2.8 %

The firm has a market cap of £142.13 million, a P/E ratio of 2,823.53 and a beta of 0.94. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.54 and a quick ratio of 1.08. The company’s 50-day simple moving average is GBX 463.20 and its 200 day simple moving average is GBX 470.28.

Eagle Eye Solutions Group Company Profile

Eagle Eye Solutions Group plc, together with its subsidiaries, provides marketing technology software as a service (SaaS) solution in the United Kingdom, the United States, Canada, Australia, rest of Europe, and the Asia Pacific. The company offers Eagle Eye AIR platform, an API-based SaaS platform, which provides promotions, loyalty, and gifting solutions to its customers; Eagle Eye API Documentation; Eagle Eye Promote that provides businesses with a platform to manage the set-up and execution of digital and physical promotions across various customer touchpoints; Eagle Eye Reward to build and deploy loyalty or customer engagement proposition; and Eagle Eye Gift for retailers to create and control digital and physical gift cards through web-based stored value management systems, and consumer and B2B portals.