Eagle Eye Solutions Group (LON:EYE) Stock Crosses Above 50-Day Moving Average – What’s Next?

Eagle Eye Solutions Group plc (LON:EYE) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 430.86 and traded as high as GBX 465. Eagle Eye Solutions Group shares last traded at GBX 462.50, with a volume of 410,624 shares traded.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on EYE. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 660 price objective on shares of Eagle Eye Solutions Group in a research report on Tuesday, May 26th. Shore Capital Group reissued a “house stock” rating on shares of Eagle Eye Solutions Group in a report on Friday, May 29th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of GBX 660.

Eagle Eye Solutions Group Stock Performance

The company has a debt-to-equity ratio of 0.07, a current ratio of 1.57 and a quick ratio of 1.08. The stock has a market capitalization of £139.78 million, a price-to-earnings ratio of -1,360.29 and a beta of 0.63. The business has a fifty day moving average of GBX 430.86 and a 200-day moving average of GBX 366.43.

Insiders Place Their Bets

In related news, insider Anne De Kerckhove acquired 3,921 shares of the business’s stock in a transaction on Friday, April 24th. The shares were purchased at an average price of GBX 383 per share, for a total transaction of £15,017.43. Corporate insiders own 24.88% of the company’s stock.

Eagle Eye Solutions Group Company Profile

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.