FairFX Group Plc (LON:EQLS)’s stock price traded down 1.5% during trading on Wednesday . The stock traded as low as GBX 98 ($1.28) and last traded at GBX 100.50 ($1.31), 202,468 shares traded hands during trading. The stock had previously closed at GBX 102 ($1.33).
Separately, Canaccord Genuity reissued a “buy” rating and set a GBX 135 ($1.76) target price on shares of FairFX Group in a report on Wednesday, July 10th.
The firm has a market capitalization of $178.82 million and a PE ratio of 62.81. The firm’s 50 day simple moving average is GBX 113.33.
FairFX Group Plc, through its subsidiaries, primarily provides foreign exchange payment services to private clients and corporations through prepaid currency cards, travel cash, and international money transfers in the United Kingdom. The company operates a cloud-based peer-to-peer payments platform that enables personal and business customers to make multi-currency payments in a range of currencies, and across a range of FX products through an integrated system.
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