Nucleus Financial Group (LON:NUC) Releases Quarterly Earnings Results

Nucleus Financial Group (LON:NUC) announced its quarterly earnings results on Tuesday. The company reported GBX 7.80 ($0.10) earnings per share for the quarter, beating analysts’ consensus estimates of GBX 7.40 ($0.10) by GBX 0.40 ($0.01), Digital Look Earnings reports.

NUC stock traded up GBX 4 ($0.05) during mid-day trading on Thursday, hitting GBX 145 ($1.91). 13,186 shares of the company were exchanged. The firm has a fifty day simple moving average of GBX 140.48 and a 200 day simple moving average of GBX 150.26. The company has a market capitalization of $110.89 million and a PE ratio of 18.35. The company has a current ratio of 2.55, a quick ratio of 2.55 and a debt-to-equity ratio of 24.86. Nucleus Financial Group has a twelve month low of GBX 100 ($1.32) and a twelve month high of GBX 234 ($3.08).

NUC has been the topic of a number of recent analyst reports. Berenberg Bank dropped their price target on shares of Nucleus Financial Group from GBX 205 ($2.70) to GBX 190 ($2.50) and set a “buy” rating on the stock in a research note on Thursday, March 12th. Liberum Capital reissued a “hold” rating on shares of Nucleus Financial Group in a research note on Tuesday.

About Nucleus Financial Group

Nucleus Financial Group Plc operates an online wrap platform for the financial services industry. The company's wrap platform offers adviser users custody, trading, payment, reporting, fee-handling, research, and integration services across an open architecture universe, including cash, OEICs, unit trusts, offshore funds, structured products and listed securities, and investment trusts through a range of tax wrappers.

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