Finablr (LON:FIN) Sets New 12-Month High at $213.20

Finablr PLC (LON:FIN) shares reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 213.20 ($2.79) and last traded at GBX 211.60 ($2.76), with a volume of 1739 shares changing hands. The stock had previously closed at GBX 205.40 ($2.68).

Separately, Barclays raised their target price on Finablr from GBX 170 ($2.22) to GBX 185 ($2.42) and gave the stock an “equal weight” rating in a research report on Wednesday, August 21st.

The company has a debt-to-equity ratio of 201.80, a current ratio of 1.04 and a quick ratio of 1.02. The business’s 50 day moving average is GBX 171.81. The company has a market cap of $1.48 billion and a P/E ratio of -187.09.

In related news, insider Michael Tomalin acquired 20,000 shares of Finablr stock in a transaction dated Monday, November 25th. The stock was acquired at an average price of GBX 180 ($2.35) per share, for a total transaction of £36,000 ($47,040.38).

About Finablr (LON:FIN)

Finablr PLC operates as a platform for B2B payments and foreign exchange solutions worldwide. It operates through three segments: Cross-Border Payments & Consumer Solutions, Consumer Foreign Exchange Solutions, and B2B & Payment Technology Solutions. The Cross-Border Payments & Consumer Solutions segment offers cross-border payments services through digital and physical channels.

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