Fonix Mobile plc (LON:FNX – Get Free Report) insider Edward Spurrier acquired 30,000 shares of the firm’s stock in a transaction on Thursday, January 22nd. The stock was purchased at an average price of GBX 177 per share, for a total transaction of £53,100.
Fonix Mobile Stock Performance
Fonix Mobile stock opened at GBX 184.75 on Friday. Fonix Mobile plc has a 1-year low of GBX 165 and a 1-year high of GBX 252. The company has a current ratio of 1.17, a quick ratio of 1.16 and a debt-to-equity ratio of 2.45. The firm has a market cap of £183.09 million, a P/E ratio of 16.50 and a beta of 0.67. The firm has a 50-day moving average of GBX 179.93 and a 200-day moving average of GBX 197.65.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 293 target price on shares of Fonix Mobile in a research note on Thursday. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of GBX 293.
Fonix Mobile Company Profile
Founded in 2006, Fonix provides mobile payments and messaging services for clients across media, telecoms, entertainment, enterprise and commerce. Based in London, Fonix is a fast growth business driven ITV, Bauer Media, BT, Global Radio, Comic Relief and Children in Need to name a few.
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