FairFX Group (LON:EQLS) Trading Up 0.6%

FairFX Group Plc (LON:EQLS)’s stock price was up 0.6% during trading on Monday . The company traded as high as GBX 90.58 ($1.18) and last traded at GBX 90 ($1.18), approximately 506,546 shares changed hands during trading. The stock had previously closed at GBX 89.50 ($1.17).

Separately, Canaccord Genuity decreased their price target on FairFX Group from GBX 135 ($1.76) to GBX 125 ($1.63) and set a “buy” rating on the stock in a research note on Monday, September 30th.

The company has a market cap of $160.14 million and a price-to-earnings ratio of 75.00. The company has a debt-to-equity ratio of 16.44, a current ratio of 1.86 and a quick ratio of 1.58. The firm’s 50 day simple moving average is GBX 96.39.

In other FairFX Group news, insider John Pearson purchased 27,500 shares of the business’s stock in a transaction on Friday, September 27th. The shares were bought at an average cost of GBX 90 ($1.18) per share, for a total transaction of £24,750 ($32,340.26).

About FairFX Group (LON:EQLS)

FairFX Group Plc, through its subsidiaries, primarily provides foreign exchange payment services to private clients and corporations through prepaid currency cards, travel cash, and international money transfers in the United Kingdom. The company operates a cloud-based peer-to-peer payments platform that enables personal and business customers to make multi-currency payments in a range of currencies, and across a range of FX products through an integrated system.

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