According to the reports that surfaced on Tuesday, investors were informed by Canaccord Genuity Group that they would keep their “buy” rating on Equals Group (LON: EQLS) stock. Digital Look was kind enough to supply us with this information. They currently have a price objective for the stock set at GBX 149 ($1.82) per share; however, they may change this in the future. Canaccord Genuity Group has set a price target for the stock that, relative to the price at which it most recently closed, indicates that it has the potential to increase by 59.55%.
Alan Hughes, an employee of the company who is considered an insider, purchased 12,000 company stock on December 14. This is just one of the many recent adjustments that have been made. The total number of shares was acquired for £10,560 ($12,885.91), equivalent to a price of GBX 88 ($1.07) per share on an average basis.
On Tuesday, the price of EQLS shares began the trading day at GBX 93.39, equivalent to $1.14 in American currency. The moving averages for the last 50 and 200 days of the company’s stock price are currently sitting at GBX 89.27 and GBX 90.11, respectively. The company’s market value comes to 168.77 million pounds, despite having a price-to-earnings ratio of -66.71. Over the previous twelve months, the share price of Equals Group has ranged from a low of GBX 58 ($0.71) to a high of GBX 100.89 ($1.23). A debt-to-equity ratio comes in at 15.99; a quick ratio comes in at 1.55; a current ratio comes in at 1.72; and a quick ratio comes in at 1.55.
Individuals and businesses in the United Kingdom can take advantage of the diverse array of foreign exchange payment services and banking services made available by Equals Group plc’s subsidiaries. Prepaid currency cards, travel money, international money transfers, and current accounts are some of the services that these companies provide. These subsidiaries are all under the umbrella of Equals Group plc, their parent company. CardOneMoney is a payment account that either private individuals or commercial enterprises can open. A platform for conducting business on an internal level, Equals Exchange allows for transactions to be made between users. The platform known as FairFX enables users to engage in financial transactions involving different currencies. Customers can make it easier for themselves to make payments across international borders by using Equals Pay. Card payments, account-to-account transfers, and current account transactions can all be completed in a single, centralized location using the Equals Money platform, which combines all of these features.