Beeks Financial Cloud Group plc (LON:BKS) Insider Sells £780,000 in Stock

Beeks Financial Cloud Group plc (LON:BKS) insider Gordon McArthur sold 300,000 shares of the business’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of GBX 260 ($3.28), for a total transaction of £780,000 ($982,986.77).

Beeks Financial Cloud Group Stock Performance

Shares of LON BKS opened at GBX 255.50 ($3.22) on Monday. Beeks Financial Cloud Group plc has a 12 month low of GBX 92.10 ($1.16) and a 12 month high of GBX 290 ($3.65). The stock has a 50 day moving average of GBX 256.34 and a 200-day moving average of GBX 220.89. The company has a current ratio of 2.03, a quick ratio of 1.85 and a debt-to-equity ratio of 10.49. The company has a market capitalization of £170.32 million, a P/E ratio of 25,700.00 and a beta of 0.38.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 335 ($4.22) price target on shares of Beeks Financial Cloud Group in a report on Tuesday, October 15th.

About Beeks Financial Cloud Group

Beeks Financial Cloud Group plc, together with its subsidiaries, provides managed cloud computing, connectivity, and analytics services for capital markets and financial services sectors in the United Kingdom, Europe, the United States, and internationally. The company offers on-demand computing solutions, including dedicated and virtual private servers, as well as private portals; managed cloud solutions comprising private, proximity, exchange, hybrid, and public cloud solutions; and analytics solutions, such as MDPlay, analytics as a service, and analytics enterprise.