Eagle Eye Solutions Group (LON:EYE) Shares Cross Above Fifty Day Moving Average – Time to Sell?

Eagle Eye Solutions Group plc (LON:EYE) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 475.83 and traded as high as GBX 490. Eagle Eye Solutions Group shares last traded at GBX 487, with a volume of 53,728 shares traded.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on EYE shares. Shore Capital Group reissued a “house stock” rating on shares of Eagle Eye Solutions Group in a research report on Friday, July 17th. Canaccord Genuity Group upped their target price on shares of Eagle Eye Solutions Group from GBX 660 to GBX 675 and gave the company a “buy” rating in a report on Friday, July 17th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of GBX 675.

Eagle Eye Solutions Group Stock Performance

The stock has a market capitalization of £149.62 million, a P/E ratio of -1,455.88 and a beta of 0.65. The stock’s 50-day simple moving average is GBX 476.32 and its 200 day simple moving average is GBX 414.23. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.57 and a quick ratio of 1.08.

About Eagle Eye Solutions Group

Eagle Eye is a leading SaaS and AI company, enabling retail, travel and hospitality brands to earn lasting customer loyalty through harnessing the power of real-time, omnichannel and personalized marketing. Our powerful technology combines the world’s most flexible and scalable loyalty and promotions capability with cutting edge, built-for-purpose AI to deliver 1:1 personalization at scale for enterprise businesses, globally.

Our growing customer base includes Loblaws, Southeastern Grocers, Giant Eagle, Asda, Tesco, Morrisons, JD Sports, E.Leclerc, Carrefour, the Woolworths Group and many more.