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

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

Beeks Financial Cloud Group Stock Performance

LON BKS traded up GBX 14 ($0.18) during trading hours on Wednesday, reaching GBX 216 ($2.81). The company’s stock had a trading volume of 779,015 shares, compared to its average volume of 328,288. Beeks Financial Cloud Group has a 52 week low of GBX 162 ($2.11) and a 52 week high of GBX 327 ($4.25). The stock has a market cap of £141.19 million, a PE ratio of 63.88 and a beta of 0.38. The company has a current ratio of 2.09, a quick ratio of 1.85 and a debt-to-equity ratio of 7.72. The business has a 50-day simple moving average of GBX 277.93 and a 200 day simple moving average of GBX 270.23.

Wall Street Analysts Forecast Growth

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

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.