Big Technologies (LON:BIG) Shares Down 4.5% – Time to Sell?

Shares of Big Technologies PLC (LON:BIG) fell 4.5% on Thursday . The company traded as low as GBX 92.40 ($1.26) and last traded at GBX 94.20 ($1.28). 797,820 shares traded hands during trading, a decline of 8% from the average session volume of 869,479 shares. The stock had previously closed at GBX 98.60 ($1.34).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reissued a “hold” rating and set a GBX 80 ($1.09) price target on shares of Big Technologies in a research report on Tuesday, June 3rd.

Big Technologies Stock Performance

The firm has a fifty day moving average price of GBX 88.89 and a 200 day moving average price of GBX 106.55. The company has a debt-to-equity ratio of 1.41, a quick ratio of 7.23 and a current ratio of 13.12. The stock has a market cap of £267.57 million, a PE ratio of 21.09 and a beta of 0.51.

Big Technologies (LON:BIG) last announced its quarterly earnings data on Thursday, May 22nd. The company reported GBX 6.80 ($0.09) EPS for the quarter. Big Technologies had a net margin of 23.01% and a return on equity of 9.67%. Research analysts forecast that Big Technologies PLC will post 6.8231441 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Ian Johnson purchased 47,750 shares of Big Technologies stock in a transaction that occurred on Thursday, May 22nd. The stock was bought at an average cost of GBX 102 ($1.39) per share, for a total transaction of £48,705 ($66,310.42). Also, insider Mike Johns acquired 4,901 shares of the company’s stock in a transaction dated Thursday, May 22nd. The shares were purchased at an average cost of GBX 102 ($1.39) per share, for a total transaction of £4,999.02 ($6,806.02). Insiders have purchased 67,356 shares of company stock valued at $6,870,312 over the last ninety days. 52.52% of the stock is currently owned by insiders.

Big Technologies Company Profile

Big Technologies is the parent company of Buddi, which was founded in 2005 by its current CEO, Sara Murray, following an initial idea to create a GPS device small enough for a child to carry. Today, Big Technologies is a proven supplier of innovative and high-quality products and services to the remote personal monitoring industry.