Beeks Financial Cloud Group (LON:BKS) posted its quarterly earnings results on Tuesday. The company reported GBX 2.52 ($0.03) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of GBX 1.90 ($0.02) by GBX 0.62 ($0.01), Digital Look Earnings reports.
BKS stock remained flat at $GBX 91 ($1.19) during midday trading on Tuesday. 355,186 shares of the company’s stock traded hands, compared to its average volume of 52,025. Beeks Financial Cloud Group has a 12-month low of GBX 68.05 ($0.89) and a 12-month high of GBX 128 ($1.67). The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 56.60. The company has a market cap of $46.62 million and a price-to-earnings ratio of 47.89. The business has a 50-day moving average price of GBX 94.36 and a 200-day moving average price of GBX 91.16.
Separately, Canaccord Genuity initiated coverage on shares of Beeks Financial Cloud Group in a research note on Tuesday. They set a “buy” rating and a GBX 150 ($1.96) price objective for the company.
Beeks Trading Corporation Ltd. provides virtual private server and infrastructure solutions for traders and broker partners worldwide. The company also offers co-location services; dedicated server packages; and server installation services. In addition, it provides institutional venue connections and retail broker connections through its Equinix platform; and Beeks Marketplace, a cloud-based portal that enables real-time connectivity to various exchanges, data feeds, trading tools, and news services for institutional traders, proprietary trading firms, brokers, wealth managers, and high-end retail traders.
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