Beeks Trading (LON:BKS) Stock Price Down 3.6%

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Beeks Trading Co. Ltd. (LON:BKSGet Rating) shares were down 3.6% during trading on Thursday . The stock traded as low as GBX 146 ($1.77) and last traded at GBX 147.50 ($1.79). Approximately 54,612 shares changed hands during trading, a decline of 56% from the average daily volume of 124,882 shares. The stock had previously closed at GBX 153 ($1.86).

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 220 ($2.67) price objective on shares of Beeks Trading in a report on Thursday, May 26th.

The company has a debt-to-equity ratio of 61.28, a quick ratio of 0.51 and a current ratio of 0.51. The stock has a market cap of £99.75 million and a P/E ratio of 89.71. The stock’s fifty day moving average is GBX 170.24 and its 200 day moving average is GBX 166.10.

Beeks Trading Company Profile (LON:BKS)

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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