Beeks Financial Cloud Group (LON:BKS) Releases Earnings Results, Beats Expectations By $0.62 EPS

Beeks Financial Cloud Group (LON:BKS) posted its earnings results on Tuesday. The company reported GBX 2.52 ($0.03) EPS for the quarter, beating the consensus estimate of GBX 1.90 ($0.02) by GBX 0.62 ($0.01), Digital Look Earnings reports.

Shares of BKS opened at GBX 92 ($1.20) on Wednesday. The company has a debt-to-equity ratio of 56.60, a current ratio of 1.15 and a quick ratio of 1.15. The firm has a 50 day simple moving average of GBX 94.16 and a 200-day simple moving average of GBX 91.06. Beeks Financial Cloud Group has a 1-year low of GBX 68.05 ($0.89) and a 1-year high of GBX 128 ($1.67). The stock has a market cap of $47.13 million and a price-to-earnings ratio of 48.42.

The business also recently declared a dividend, which will be paid on Friday, October 30th. Stockholders of record on Thursday, October 1st will be given a dividend of GBX 0.15 ($0.00) per share. The ex-dividend date of this dividend is Thursday, October 1st. This represents a dividend yield of 0.16%.

Separately, Canaccord Genuity began coverage on shares of Beeks Financial Cloud Group in a research report on Tuesday. They issued a “buy” rating and a GBX 150 ($1.96) price objective for the company.

Beeks Financial Cloud Group Company Profile

Beeks Trading Corporation Ltd. provides virtual private server and infrastructure solutions for traders and broker partners worldwide. The company also offers co-location services; dedicated server packages; and server installation services. In addition, it provides institutional venue connections and retail broker connections through its Equinix platform; and Beeks Marketplace, a cloud-based portal that enables real-time connectivity to various exchanges, data feeds, trading tools, and news services for institutional traders, proprietary trading firms, brokers, wealth managers, and high-end retail traders.

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