Gordon McArthur Sells 200,000 Shares of Beeks Financial Cloud Group (LON:BKS) Stock

Beeks Financial Cloud Group plc (LON:BKS) insider Gordon McArthur sold 200,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of GBX 232, for a total transaction of £464,000.

Beeks Financial Cloud Group Stock Up 1.1%

Shares of BKS stock traded up GBX 2.50 during trading hours on Monday, reaching GBX 232.50. The company had a trading volume of 52,123 shares, compared to its average volume of 199,431. 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 cap of £156.51 million, a price-to-earnings ratio of 56.43 and a beta of 0.38. The business has a fifty day simple moving average of GBX 234.40 and a 200-day simple moving average of GBX 224.68. Beeks Financial Cloud Group plc has a 12 month low of GBX 171 and a 12 month high of GBX 327.

Beeks Financial Cloud Group (LON:BKS) last posted its quarterly earnings results on Monday, October 6th. The company reported GBX 8.47 EPS for the quarter. Beeks Financial Cloud Group had a net margin of 7.70% and a return on equity of 6.12%. On average, research analysts expect that Beeks Financial Cloud Group plc will post 7.3180848 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 335 target price on shares of Beeks Financial Cloud Group in a research note on Thursday, December 18th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of GBX 335.

Beeks Financial Cloud Group Company Profile

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. Founded in 2011, Beeks Group is listed on the London Stock Exchange (LSE: BKS) and has enjoyed continued growth each year.