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 net margin of 7.70% and a return on equity of 6.12%.

Beeks Financial Cloud Group Price Performance

Shares of BKS stock traded down GBX 56 ($0.72) during mid-day trading on Monday, hitting GBX 198 ($2.56). The company had a trading volume of 2,016,150 shares, compared to its average volume of 299,003. 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 stock’s 50 day moving average price is GBX 281.43 and its 200-day moving average price is GBX 271.06. The company has a debt-to-equity ratio of 7.72, a current ratio of 2.09 and a quick ratio of 1.85. The company has a market capitalization of £129.43 million, a P/E ratio of 58.56 and a beta of 0.38.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 335 ($4.33) price objective 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.