PensionBee Group (LON:PBEE) Issues Quarterly Earnings Results

PensionBee Group (LON:PBEE) announced its earnings results on Wednesday. The company reported GBX (1.38) (($0.02)) earnings per share for the quarter, Digital Look Earnings reports. PensionBee Group had a negative return on equity of 36.87% and a negative net margin of 18.26%.

PensionBee Group Stock Performance

LON:PBEE traded up GBX 0.39 ($0.01) on Friday, reaching GBX 145.39 ($1.88). 36,389 shares of the company’s stock were exchanged, compared to its average volume of 136,542. The firm has a market cap of £341.55 million, a price-to-earnings ratio of -62.64, a P/E/G ratio of -0.09 and a beta of 0.37. The company has a debt-to-equity ratio of 2.45, a current ratio of 4.23 and a quick ratio of 7.03. The stock has a fifty day simple moving average of GBX 159.95 and a 200-day simple moving average of GBX 163.18. PensionBee Group has a 52 week low of GBX 94.63 ($1.23) and a 52 week high of GBX 191 ($2.47).

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on PBEE. Berenberg Bank restated a “buy” rating and issued a GBX 210 ($2.72) price objective on shares of PensionBee Group in a research note on Thursday. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 217 ($2.81) target price on shares of PensionBee Group in a research note on Monday, December 2nd. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 217 ($2.81) price target on shares of PensionBee Group in a report on Thursday.

About PensionBee Group

PensionBee is a leading online pension provider, making pension management easy for its customers while they save for a happy retirement. PensionBee helps its customers combine their old pension pots, make flexible contributions, invest in line with their goals and values and make withdrawals from the age of 55 (increasing to 57 in 2028).