Canaccord Genuity Group Reaffirms “Buy” Rating for 4GLOBAL (LON:4GBL)

4GLOBAL (LON:4GBL)‘s stock had its “buy” rating reiterated by investment analysts at Canaccord Genuity Group in a report released on Thursday, MarketBeat Ratings reports. They currently have a GBX 100 ($1.26) price objective on the stock. Canaccord Genuity Group’s price target would suggest a potential upside of 115.05% from the company’s current price.

4GLOBAL Stock Performance

4GLOBAL stock opened at GBX 46.50 ($0.59) on Thursday. The company has a debt-to-equity ratio of 6.72, a quick ratio of 3.05 and a current ratio of 3.15. 4GLOBAL has a fifty-two week low of GBX 41.27 ($0.52) and a fifty-two week high of GBX 65 ($0.82). The stock has a fifty day moving average of GBX 45.47 and a two-hundred day moving average of GBX 47.23. The company has a market capitalization of £12.25 million, a price-to-earnings ratio of -4,650.00 and a beta of -0.40.

4GLOBAL Company Profile

4GLOBAL plc, together with its subsidiaries, operates as a data, services, and software company, focuses on sporting events and the promotion and measurement of physical activities worldwide. The company offers sport technology, data and insights to governments, cities, activity providers and sport federations; DataHub, a proprietary data and software solution that convert data into actionable insight, which enables clients to promote sports participation to reduce physical inactivity, and to achieve economic, social, and healthcare outcomes.