Beeks Financial Cloud Group (BKS)

Sector:

IT Services

Index:

FTSE AIM All-Share

147.50p
   
  • Change Today:
    -4.00p
  • 52 Week High: 201.00
  • 52 Week Low: 88.50
  • Currency: UK Pounds
  • Shares Issued: 56.32m
  • Volume: 74,816
  • Market Cap: £83.07m
  • RiskGrade: 140
  • Beta: 0.58

Beeks shares fall as it reports 'good progress' on strategy

By Josh White

Date: Tuesday 04 Aug 2020

LONDON (ShareCast) - (Sharecast News) - Financial cloud computing company Beeks Financial Cloud Group updated the market on its trading for the year ended 30 June on Tuesday, reporting "continued good progress" against its strategic objectives.
The AIM-traded firm said it was expecting to announce trading results within the range of market expectations.

It said the integration of the Velocimetrics acquisition had progressed "well", with all existing tier 1 institutional customer implementations continuing to plan.

"Covid-19 has had a relatively small impact on Beeks' overall trading, and whilst the lockdown has inevitably impacted some customers' decision making processes, contract discussions with prospective tier 1 clients remain in advanced form, and the group has a continually growing sales pipeline," the company's directors said in their statement.

"The board therefore remains confident in the ongoing success of the group, and ability to capitalise on the growing demand for cloud computing and connectivity from financial services organisations."

Beeks said it would release its final results for the year ended 30 June in mid-September.

At 1549 BST, shares in Beeks Financial Cloud Group were down 9.4% at 89.24p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BKS Market Data

Currency UK Pounds
Share Price 147.50p
Change Today -4.00p
% Change -2.64 %
52 Week High 201.00
52 Week Low 88.50
Volume 74,816
Shares Issued 56.32m
Market Cap £83.07m
Beta 0.58
RiskGrade 140

BKS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
96.7% below the market average96.7% below the market average96.7% below the market average96.7% below the market average96.7% below the market average
82.42% below the sector average82.42% below the sector average82.42% below the sector average82.42% below the sector average82.42% below the sector average
Price Trend
87.23% above the market average87.23% above the market average87.23% above the market average87.23% above the market average87.23% above the market average
69.37% above the sector average69.37% above the sector average69.37% above the sector average69.37% above the sector average69.37% above the sector average
Income
8.80% above the market average8.80% above the market average8.80% above the market average8.80% above the market average8.80% above the market average
3.23% above the sector average3.23% above the sector average3.23% above the sector average3.23% above the sector average3.23% above the sector average
Growth
86.14% above the market average86.14% above the market average86.14% above the market average86.14% above the market average86.14% above the market average
89.69% above the sector average89.69% above the sector average89.69% above the sector average89.69% above the sector average89.69% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BKS Dividends

  Latest Previous
  Interim Final
Ex-Div 18-Mar-21 01-Oct-20
Paid 01-Apr-21 27-Nov-20
Amount 0.20p 0.15p

Trades for 03-Dec-2021

Time Volume / Share Price
16:24 4,703 @ 145.17p
16:05 5,164 @ 146.00p
15:58 300 @ 150.00p
15:36 500 @ 150.00p
15:23 5,000 @ 146.90p

BKS Key Personnel

CFO Fraser McDonald

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