Funding Circle (LON:FCH) Sets New 1-Year High – What’s Next?

Funding Circle Holdings plc (LON:FCH)’s share price reached a new 52-week high on Monday . The stock traded as high as GBX 234 and last traded at GBX 233, with a volume of 83032 shares changing hands. The stock had previously closed at GBX 229.

Analyst Ratings Changes

Several research analysts have recently issued reports on FCH shares. Shore Capital Group raised Funding Circle to a “buy” rating in a research report on Tuesday, April 7th. Canaccord Genuity Group restated a “buy” rating and set a GBX 300 price target on shares of Funding Circle in a research report on Tuesday, July 21st. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of GBX 300.

Funding Circle Trading Up 2.2%

The stock’s fifty day simple moving average is GBX 157.92 and its two-hundred day simple moving average is GBX 149. The firm has a market cap of £663.40 million, a PE ratio of 16.71 and a beta of 0.71. The company has a quick ratio of 3.33, a current ratio of 1.70 and a debt-to-equity ratio of 119.79.

Insider Buying and Selling

In related news, insider Lisa Jacobs purchased 1,315 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were purchased at an average cost of GBX 137 per share, with a total value of £1,801.55. Also, insider Tony Nicol purchased 1,314 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was bought at an average price of GBX 137 per share, for a total transaction of £1,800.18. Insiders own 1.18% of the company’s stock.

Funding Circle Company Profile