Funding Circle (LON:FCH) Reaches New 12-Month High – Still a Buy?

Funding Circle Holdings plc (LON:FCH)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 178 and last traded at GBX 176.60, with a volume of 852154 shares changing hands. The stock had previously closed at GBX 173.60.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group raised shares of Funding Circle to a “buy” rating in a research note on Tuesday, April 7th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Funding Circle presently has an average rating of “Buy”.

Funding Circle Stock Up 2.5%

The business’s fifty day simple moving average is GBX 144.91 and its two-hundred day simple moving average is GBX 143.55. The company has a market cap of £504.64 million, a PE ratio of 12.71 and a beta of 0.71. The company has a debt-to-equity ratio of 119.79, a current ratio of 1.70 and a quick ratio of 3.33.

Insider Transactions at Funding Circle

In other Funding Circle news, insider Tony Nicol purchased 1,314 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was purchased at an average price of GBX 137 per share, for a total transaction of £1,800.18. Also, insider Lisa Jacobs purchased 1,315 shares of Funding Circle stock in a transaction that occurred on Monday, May 18th. The stock was acquired at an average cost of GBX 137 per share, with a total value of £1,801.55. 1.18% of the stock is owned by company insiders.

Funding Circle Company Profile