Insider Buying: Vanquis Banking Group (LON:VANQ) Insider Purchases 191 Shares of Stock

Vanquis Banking Group plc (LON:VANQ) insider Dave Watts acquired 191 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The stock was purchased at an average price of GBX 78 per share, with a total value of £148.98.

Dave Watts also recently made the following trade(s):

• On Friday, August 14th, Dave Watts bought 191 shares of Vanquis Banking Group stock. The shares were acquired at an average price of GBX 79 per share, for a total transaction of £150.89.
• On Thursday, July 30th, Dave Watts purchased 45,000 shares of Vanquis Banking Group stock. The stock was acquired at an average price of GBX 85 per share, with a total value of £38,250.
• On Tuesday, July 14th, Dave Watts acquired 132 shares of Vanquis Banking Group stock. The shares were acquired at an average cost of GBX 114 per share, for a total transaction of £150.48.

Vanquis Banking Group Price Performance

LON VANQ traded down GBX 1 during trading hours on Tuesday, hitting GBX 76.80. The company’s stock had a trading volume of 515,599 shares, compared to its average volume of 1,069,021. The company has a market cap of £192.25 million, a P/E ratio of 28.44 and a beta of 1.17. The company’s 50 day simple moving average is GBX 92.22 and its two-hundred day simple moving average is GBX 105.70. Vanquis Banking Group plc has a 12 month low of GBX 72.30 and a 12 month high of GBX 132.

Vanquis Banking Group (LON:VANQ) last released its quarterly earnings data on Thursday, July 30th. The company reported GBX 1.80 earnings per share for the quarter. Vanquis Banking Group had a net margin of 1.71% and a return on equity of 2.20%. As a group, research analysts predict that Vanquis Banking Group plc will post 4.1557331 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Berenberg Bank cut their price objective on shares of Vanquis Banking Group from GBX 165 to GBX 145 and set a “buy” rating for the company in a research report on Thursday, July 30th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, Vanquis Banking Group presently has an average rating of “Buy” and an average target price of GBX 142.50.

About Vanquis Banking Group

We’re Vanquis Banking Group plc, an FTSE All Share company and a leading specialist bank, established in 1880. We lend responsibly, providing tailored products and services to 1.75 million UK customers through Vanquis, Moneybarn, and Snoop.

https://www.vanquisbankinggroup.com/shareholder-hub/investment-case/