Beeks Financial Cloud Group (LON:BKS) Announces Earnings Results

Beeks Financial Cloud Group (LON:BKS) released its earnings results on Monday. The company reported GBX 0.47 ($0.01) EPS for the quarter, Digital Look Earnings reports. Beeks Financial Cloud Group had a net margin of 7.70% and a return on equity of 6.12%.

Beeks Financial Cloud Group Price Performance

LON:BKS traded up GBX 14 ($0.18) during mid-day trading on Wednesday, hitting GBX 216 ($2.81). 779,015 shares of the company’s stock traded hands, compared to its average volume of 328,288. The firm’s 50 day simple moving average is GBX 277.93 and its 200 day simple moving average is GBX 270.23. The company has a market cap of £141.19 million, a PE ratio of 63.88 and a beta of 0.38. Beeks Financial Cloud Group has a 1 year low of GBX 162 ($2.11) and a 1 year high of GBX 327 ($4.25). The company has a debt-to-equity ratio of 7.72, a quick ratio of 1.85 and a current ratio of 2.09.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 335 ($4.36) price target on shares of Beeks Financial Cloud Group in a report on Monday.

Beeks Financial Cloud Group Company Profile

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.