Key Points
- Funding Circle insider Tony Nicol purchased 5,289 shares at GBX 188 each, investing a total of £9,943.32.
- The stock opened at GBX 186.80, with a market capitalization of approximately £528.84 million and a 12-month trading range of GBX 113.20 to GBX 252.
- Analysts remain bullish: Canaccord Genuity raised its target to GBX 308, Deutsche Bank maintained a GBX 290 target, and the stock has an overall “Buy” rating with an average target of GBX 299.
Funding Circle Holdings plc (LON:FCH - Get Free Report) insider Tony Nicol purchased 5,289 shares of the business's stock in a transaction dated Friday, September 18th. The shares were purchased at an average cost of GBX 188 per share, for a total transaction of £9,943.32.
Funding Circle Price Performance
Funding Circle stock opened at GBX 186.80 on Friday. The business's 50-day simple moving average is GBX 218.44 and its 200 day simple moving average is GBX 169.44. The stock has a market cap of £528.84 million, a price-to-earnings ratio of 13.34 and a beta of 0.76. Funding Circle Holdings plc has a 12-month low of GBX 113.20 and a 12-month high of GBX 252. The company has a quick ratio of 3.33, a current ratio of 1.87 and a debt-to-equity ratio of 105.33.
Funding Circle (LON:FCH - Get Free Report) last announced its quarterly earnings data on Tuesday, September 8th. The company reported GBX 7.60 earnings per share for the quarter. Funding Circle had a return on equity of 26.71% and a net margin of 22.93%. As a group, research analysts anticipate that Funding Circle Holdings plc will post 0.0797592 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on the stock. Canaccord Genuity Group boosted their price target on shares of Funding Circle from GBX 300 to GBX 308 and gave the stock a "buy" rating in a research note on Wednesday, September 9th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 290 target price on shares of Funding Circle in a report on Wednesday, September 9th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Funding Circle currently has an average rating of "Buy" and an average target price of GBX 299.
Check Out Our Latest Research Report on FCH
About Funding Circle
(
Get Free Report)
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
