Beeks Financial Cloud Group (LON:BKS) Earns “Buy” Rating from Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of Beeks Financial Cloud Group (LON:BKS) in a research report report published on Monday, Marketbeat Ratings reports. Canaccord Genuity Group currently has a GBX 335 ($4.36) price objective on the stock.

Beeks Financial Cloud Group Trading Up 8.9 %

Shares of BKS opened at GBX 220 ($2.86) on Monday. The firm’s 50 day simple moving average is GBX 276.80 and its 200 day simple moving average is GBX 269.88. The company has a market capitalization of £143.81 million, a P/E ratio of 65.07 and a beta of 0.38. The company has a debt-to-equity ratio of 7.72, a current ratio of 2.09 and a quick ratio of 1.85. Beeks Financial Cloud Group has a 1-year low of GBX 162 ($2.11) and a 1-year high of GBX 327 ($4.25).

Beeks Financial Cloud Group (LON:BKS) last announced its earnings results on Monday, March 17th. The company reported GBX 0.47 ($0.01) earnings per share for the quarter. Beeks Financial Cloud Group had a net margin of 7.70% and a return on equity of 6.12%. Sell-side analysts forecast that Beeks Financial Cloud Group will post 7.3180848 earnings per share for the current fiscal year.

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.