Funding Circle Holdings plc (LON:FCH – Get Free Report)’s stock price was down 2.1% during mid-day trading on Friday. The company traded as low as GBX 207.50 and last traded at GBX 208. 205,518 shares changed hands during trading, a decline of 88% from the average daily volume of 1,745,379 shares. The stock had previously closed at GBX 212.50.
Analyst Upgrades and Downgrades
Several equities analysts have recently commented on FCH shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 290 price objective on shares of Funding Circle in a research report on Wednesday, September 9th. Canaccord Genuity Group raised their price target on shares of Funding Circle from GBX 300 to GBX 308 and gave the stock a “buy” rating in a research report on Wednesday, September 9th. Three research analysts have rated the stock with a Buy rating. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of GBX 299.
Funding Circle Stock Performance
The stock’s 50 day moving average price is GBX 202.68 and its 200 day moving average price is GBX 170.88. The company has a market cap of £585.13 million, a price-to-earnings ratio of 10.56 and a beta of 0.82. The company has a current ratio of 1.87, a quick ratio of 3.33 and a debt-to-equity ratio of 105.33.
Funding Circle (LON:FCH – Get Free Report) last released its quarterly earnings results on Tuesday, September 8th. The company reported GBX 7.60 earnings per share for the quarter. Funding Circle had a net margin of 22.93% and a return on equity of 26.71%. On average, analysts expect that Funding Circle Holdings plc will post 0.08 EPS for the current fiscal year.
Insiders Place Their Bets
In related news, insider Tony Nicol bought 5,289 shares of the business’s stock in a transaction on Friday, September 18th. The stock was bought at an average price of GBX 188 per share, for a total transaction of £9,943.32. 1.19% of the stock is currently owned by company insiders.
About Funding Circle
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