PensionBee Group (LON:PBEE) Trading Down 0.3% – Here’s Why

Shares of PensionBee Group plc (LON:PBEE) traded down 0.3% during mid-day trading on Tuesday . The company traded as low as GBX 156 ($1.90) and last traded at GBX 156.50 ($1.91). 54,338 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 131,272 shares. The stock had previously closed at GBX 157 ($1.92).

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on PBEE. Canaccord Genuity Group reiterated a “buy” rating and set a GBX 217 ($2.65) target price on shares of PensionBee Group in a report on Monday, December 2nd. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 217 ($2.65) price objective on shares of PensionBee Group in a report on Monday, December 2nd. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 210 ($2.56) target price on shares of PensionBee Group in a research note on Thursday, October 24th.

PensionBee Group Price Performance

The stock has a market cap of £352.48 million, a P/E ratio of -7,825.00, a price-to-earnings-growth ratio of -0.09 and a beta of 0.37. The business’s 50 day moving average price is GBX 155.31 and its two-hundred day moving average price is GBX 163.99. The company has a current ratio of 4.23, a quick ratio of 7.03 and a debt-to-equity ratio of 2.45.

About PensionBee Group

PensionBee is a leading online pension provider, making pension management easy for its customers while they save for a happy retirement. PensionBee helps its customers combine their old pension pots, make flexible contributions, invest in line with their goals and values and make withdrawals from the age of 55 (increasing to 57 in 2028).