Insider Buying: Funding Circle (LON:FCH) Insider Acquires £9,943.32 in Stock

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

Funding Circle Stock Performance

LON FCH opened at GBX 186.80 on Monday. The company has a debt-to-equity ratio of 105.33, a current ratio of 1.87 and a quick ratio of 3.33. Funding Circle Holdings plc has a 1 year low of GBX 113.20 and a 1 year high of GBX 252. The company has a market capitalization of £528.84 million, a PE ratio of 13.34 and a beta of 0.76. The company has a fifty day moving average of GBX 218.44 and a two-hundred day moving average of GBX 169.62.

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

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Canaccord Genuity Group boosted their price objective on Funding Circle from GBX 300 to GBX 308 and gave the company a “buy” rating in a research note on Wednesday, September 9th. 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. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of GBX 299.

Funding Circle Company Profile