Eagle Eye Solutions Group (LON:EYE) Shares Down 2.1% – Should You Sell?

Eagle Eye Solutions Group plc (LON:EYE) shares traded down 2.1% on Friday. The stock traded as low as GBX 464 and last traded at GBX 464. Approximately 52,366 shares traded hands during mid-day trading, a decline of 35% from the average session volume of 80,331 shares. The stock had previously closed at GBX 474.

Analysts Set New Price Targets

A number of brokerages recently issued reports on EYE. Canaccord Genuity Group restated a “buy” rating and issued a GBX 675 price objective on shares of Eagle Eye Solutions Group in a research note on Tuesday, September 15th. Shore Capital Group reiterated a “house stock” rating on shares of Eagle Eye Solutions Group in a research report on Tuesday, September 15th. One investment analyst has rated the stock with a Buy rating. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of GBX 675.

Eagle Eye Solutions Group Trading Down 2.1%

The company has a debt-to-equity ratio of 1.55, a quick ratio of 1.08 and a current ratio of 1.50. The firm has a market cap of £140.25 million, a PE ratio of 552.38 and a beta of 0.67. The stock’s 50 day simple moving average is GBX 477.12 and its 200 day simple moving average is GBX 426.88.

Eagle Eye Solutions Group (LON:EYE) last issued its quarterly earnings results on Tuesday, September 15th. The company reported GBX 0.94 EPS for the quarter. Eagle Eye Solutions Group had a net margin of 0.60% and a return on equity of 0.81%. On average, sell-side analysts forecast that Eagle Eye Solutions Group plc will post 12.10 earnings per share for the current fiscal year.

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.