Beeks Financial Cloud Group (BKS)

Sector:

IT Services

Index:

FTSE AIM All-Share

156.50p
   
  • Change Today:
    -3.50p
  • 52 Week High: 201.00p
  • 52 Week Low: 88.50p
  • Currency: UK Pounds
  • Shares Issued: 56.32m
  • Volume: 14,960
  • Market Cap: £88.13m
  • RiskGrade: 140
  • Beta: 0.51

Cannacord stays at 'buy' on Beeks Financial Cloud

By Alexander Bueso

Date: Tuesday 04 Aug 2020

LONDON (ShareCast) - (Sharecast News) - Analysts at Canaccord Genuity reiterated their 'buy' recommendation for Beeks Financial Cloud following the company's pre-close trading update.
The provider of low-latency cloud services for financial services said the impact of Covid-19 on its fiscal fourth quarter had been relatively small and that its full-year results for financial year 2020 would be "within the range of market expectations".

Having been at the top end of the consensus range of estimates, the Canadian broker therefore now reduced its own forecasts. was their 150.0p target price.

Furthermore, they believed that the June quarter would prove to have been the toughest, given the almost complete lockdown conditions.

However, they also expected the first half of the 2021 financial year would be impacted.

"As with many other names in the sector, decision-making from some customers has understandably been delayed because of COVID-19 and lockdown."

Canaccord also kept its 150.0p target price for the shares.

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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 156.50p
Change Today -3.50p
% Change -2.19 %
52 Week High 201.00p
52 Week Low 88.50p
Volume 14,960
Shares Issued 56.32m
Market Cap £88.13m
Beta 0.51
RiskGrade 140

BKS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
97.08% below the market average97.08% below the market average97.08% below the market average97.08% below the market average97.08% below the market average
91.01% below the sector average91.01% below the sector average91.01% below the sector average91.01% below the sector average91.01% below the sector average
Price Trend
92.25% above the market average92.25% above the market average92.25% above the market average92.25% above the market average92.25% above the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average
Income Not Available
Growth
86.52% above the market average86.52% above the market average86.52% above the market average86.52% above the market average86.52% above the market average
89.58% above the sector average89.58% above the sector average89.58% above the sector average89.58% above the sector average89.58% 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 01-Dec-2021

Time Volume / Share Price
11:21 2,500 @ 156.90p
11:21 2,500 @ 156.90p
11:19 300 @ 156.90p
11:13 955 @ 157.00p
11:12 1,000 @ 152.00p

BKS Key Personnel

CFO Fraser McDonald

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