Proservice Building Services Marketplace (LON:PRO) Issues Quarterly Earnings Results

by · The Markets Daily

Proservice Building Services Marketplace (LON:PRO – Get Free Report) released its quarterly earnings data on Tuesday. The company reported GBX (0.92) earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Proservice Building Services Marketplace Price Performance

Shares of LON PRO traded down GBX 0.24 during midday trading on Tuesday, hitting GBX 2.22. The company’s stock had a trading volume of 238,330 shares, compared to its average volume of 1,135,994. The business’s fifty day simple moving average is GBX 2.28 and its two-hundred day simple moving average is GBX 3.78. The firm has a market capitalization of £17.74 million and a price-to-earnings ratio of -4.35. Proservice Building Services Marketplace has a 1 year low of GBX 1.50 and a 1 year high of GBX 9.50.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 5 price objective on shares of Proservice Building Services Marketplace in a research note on Tuesday. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 5.

View Our Latest Report on PRO

Insiders Place Their Bets

In other news, insider Tom Shorten acquired 639,466 shares of the firm’s stock in a transaction dated Monday, July 20th. The stock was acquired at an average cost of GBX 2 per share, with a total value of £12,789.32. 1.47% of the stock is currently owned by company insiders.

About Proservice Building Services Marketplace

(Get Free Report)

ProService Building Services Marketplace plc (“ProService”) is the leading digital marketplace business focussed on customer and supplier acquisition. Technology driven, scalable and uniquely differentiated, ProService is a one-stop-shop providing a wide range of building-related product and services for over 7,000 active account customers per month, in product verticals including equipment hire, training, fuel, equipment sales and building materials. ProService acts as principal with buyers and sellers, but all deliveries and collections are the responsibility of sellers (direct to buyer).

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