PensionBee Group (LON:PBEE) Reaches New 12-Month Low – Here’s Why

Shares of PensionBee Group plc (LON:PBEE) hit a new 52-week low during trading on Thursday . The company traded as low as GBX 119.50 and last traded at GBX 120, with a volume of 79222 shares trading hands. The stock had previously closed at GBX 123.50.

Analyst Ratings Changes

Several research firms have recently weighed in on PBEE. Canaccord Genuity Group restated a “buy” rating and set a GBX 217 price objective on shares of PensionBee Group in a research note on Thursday. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 175 price objective on shares of PensionBee Group in a report on Thursday. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 210 price target on shares of PensionBee Group in a research note on Thursday. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, PensionBee Group has an average rating of “Moderate Buy” and an average target price of GBX 200.67.

PensionBee Group Stock Performance

The stock has a market capitalization of £286.63 million, a P/E ratio of -100.00, a price-to-earnings-growth ratio of -0.09 and a beta of 0.43. The company has a current ratio of 9.34, a quick ratio of 7.03 and a debt-to-equity ratio of 0.35. The company has a 50-day moving average price of GBX 132.61 and a two-hundred day moving average price of GBX 145.43.

About PensionBee Group

PensionBee is creating a global leader in the consumer retirement market with approximately £7.5 billion (approximately $10 billion) in assets on behalf of approximately 315,000 customers.

Founded in 2014, we aspire to make as many people as possible pension confident so that everyone can enjoy a happy retirement. We help our customers to combine their retirement savings into a new online account, which they can manage from the palm of their hand.

PensionBee accounts are invested by the world’s largest investment managers, collectively looking after more than $10 trillion in savings between them.