Timothy J. R. Mason Buys 16,100 Shares of Eagle Eye Solutions Group plc (LON:EYE) Stock

Eagle Eye Solutions Group plc (LON:EYE) insider Timothy J. R. Mason acquired 16,100 shares of the company’s stock in a transaction dated Tuesday, July 15th. The shares were purchased at an average price of GBX 230 ($3.08) per share, for a total transaction of £37,030 ($49,578.26).

Eagle Eye Solutions Group Stock Up 4.8%

Shares of LON:EYE opened at GBX 220 ($2.95) on Wednesday. The company has a current ratio of 1.54, a quick ratio of 1.08 and a debt-to-equity ratio of 3.25. The company has a fifty day simple moving average of GBX 270.68 and a 200 day simple moving average of GBX 346.08. The firm has a market cap of £65.36 million, a PE ratio of 11.36 and a beta of 0.94. Eagle Eye Solutions Group plc has a 12-month low of GBX 190 ($2.54) and a 12-month high of GBX 500 ($6.69).

Eagle Eye Solutions Group announced that its Board of Directors has initiated a share repurchase program on Tuesday, July 15th that authorizes the company to repurchase 0 shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “house stock” rating on shares of Eagle Eye Solutions Group in a research note on Tuesday.

Eagle Eye Solutions Group Company Profile

Eagle Eye is a leading SaaS technology company transforming marketing by creating digital connections that enable personalised performance marketing in real time through coupons, loyalty, apps, subscriptions and gift services.

Eagle Eye AIR enables the secure issuance and redemption of digital offers and rewards at scale, across multiple channels, enabling a single customer view.