PensionBee Group (LON:PBEE) Stock Falls 3.8% – Here’s What Happened

PensionBee Group plc (LON:PBEE)’s share price was down 3.8% during trading on Wednesday. The company traded as low as GBX 127.50 and last traded at GBX 127.50. Approximately 13,638 shares traded hands during trading, a decline of 92% from the average session volume of 161,138 shares. The stock had previously closed at GBX 132.50.

Analysts Set New Price Targets

PBEE has been the subject of several research reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 175 price target on shares of PensionBee Group in a research report on Friday, August 14th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 210 target price on shares of PensionBee Group in a report on Thursday, July 23rd. Finally, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 217 price target on shares of PensionBee Group in a research note on Friday, August 14th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, PensionBee Group presently has an average rating of “Buy” and an average price target of GBX 200.67.

PensionBee Group Price Performance

The company has a debt-to-equity ratio of 0.08, a quick ratio of 7.03 and a current ratio of 7.16. The company has a market cap of £305.75 million, a P/E ratio of 30.48, a P/E/G ratio of -0.09 and a beta of 0.44. The firm’s fifty day moving average is GBX 135.39 and its two-hundred day moving average is GBX 136.60.

PensionBee Group (LON:PBEE) last posted its quarterly earnings results on Thursday, August 13th. The company reported GBX 3.45 EPS for the quarter. PensionBee Group had a return on equity of 25.24% and a net margin of 20.77%. As a group, analysts anticipate that PensionBee Group plc will post -9.3899999 earnings per share for the current fiscal year.

About PensionBee Group

PensionBee is creating a global leader in the consumer retirement market with approximately £8.6 billion (approximately $11 billion) in assets on behalf of approximately 327,000 customers.

Founded in 2014, we aspire to make as many people as possible pension confident so that everyone can enjoy a happy retirement. We help our customers to combine their retirement savings into a new online account, which they can manage from the palm of their hand.

PensionBee accounts are invested by the world’s largest investment managers, collectively looking after more than $11 trillion in savings between them.