Beeks Financial Cloud Group’s (BKS) “Buy” Rating Reiterated at Canaccord Genuity Group

Beeks Financial Cloud Group (LON:BKS)‘s stock had its “buy” rating reissued by stock analysts at Canaccord Genuity Group in a research note issued to investors on Monday,Digital Look reports. They presently have a GBX 335 ($4.33) price objective on the stock. Canaccord Genuity Group’s price target would indicate a potential upside of 65.02% from the stock’s previous close.

Beeks Financial Cloud Group Stock Down 20.1 %

Shares of Beeks Financial Cloud Group stock traded down GBX 51 ($0.66) on Monday, reaching GBX 203 ($2.62). The company’s stock had a trading volume of 1,860,522 shares, compared to its average volume of 296,067. The company has a market capitalization of £132.70 million, a price-to-earnings ratio of 60.04 and a beta of 0.38. The company has a quick ratio of 1.85, a current ratio of 2.09 and a debt-to-equity ratio of 7.72. Beeks Financial Cloud Group has a 52 week low of GBX 162 ($2.09) and a 52 week high of GBX 327 ($4.23). The firm’s fifty day simple moving average is GBX 281.43 and its two-hundred day simple moving average is GBX 271.06.

About Beeks Financial Cloud Group

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.