Funding Circle (LON:FCH) Insider Tony Nicol Acquires 5,289 Shares of Stock

Funding Circle Holdings plc (LON:FCH) insider Tony Nicol purchased 5,289 shares of the firm’s stock in a transaction that occurred on Friday, September 18th. The stock was acquired at an average price of GBX 188 per share, for a total transaction of £9,943.32.

Funding Circle Price Performance

FCH stock traded up GBX 0.80 on Friday, reaching GBX 186.80. 1,578,670 shares of the company’s stock were exchanged, compared to its average volume of 1,870,894. The stock has a fifty day moving average of GBX 218.19 and a 200-day moving average of GBX 169.32. The firm has a market cap of £528.84 million, a PE ratio of 13.34 and a beta of 0.76. The company has a quick ratio of 3.33, a current ratio of 1.87 and a debt-to-equity ratio of 105.33. Funding Circle Holdings plc has a twelve month low of GBX 113.20 and a twelve month high of GBX 252.

Funding Circle (LON:FCH) last issued its earnings results on Tuesday, September 8th. The company reported GBX 7.60 EPS for the quarter. Funding Circle had a net margin of 22.93% and a return on equity of 26.71%. As a group, equities analysts predict that Funding Circle Holdings plc will post 0.0797592 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have weighed in on FCH. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 290 target price on shares of Funding Circle in a research report on Wednesday, September 9th. Canaccord Genuity Group boosted their price target on Funding Circle from GBX 300 to GBX 308 and gave the stock a “buy” rating in a research note on Wednesday, September 9th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Funding Circle has a consensus rating of “Buy” and a consensus price target of GBX 299.

Funding Circle Company Profile