Funding Circle Holdings plc (LON:FCH – Get Free Report)’s share price fell 2.1% during mid-day trading on Friday. The company traded as low as GBX 207.50 and last traded at GBX 208. 205,518 shares traded hands during trading, a decline of 88% from the average daily volume of 1,745,379 shares. The stock had previously closed at GBX 212.50.
Analyst Ratings Changes
A number of analysts have commented on the stock. Canaccord Genuity Group upped their price objective on shares of 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 reissued a “buy” rating and issued a GBX 290 target price on shares of Funding Circle in a research report on Wednesday, September 9th. Three equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of GBX 299.
Get Our Latest Report on Funding Circle
Funding Circle Stock Performance
The company has a debt-to-equity ratio of 105.33, a quick ratio of 3.33 and a current ratio of 1.87. The stock’s 50-day simple moving average is GBX 202.68 and its two-hundred day simple moving average is GBX 170.88. The stock has a market cap of £585.13 million, a price-to-earnings ratio of 10.56 and a beta of 0.82.
Funding Circle (LON:FCH – Get Free Report) last issued its quarterly earnings results on Tuesday, September 8th. The company reported GBX 7.60 earnings per share (EPS) for the quarter. Funding Circle had a return on equity of 26.71% and a net margin of 22.93%. Analysts forecast that Funding Circle Holdings plc will post 0.08 earnings per share for the current year.
Insider Buying and Selling at Funding Circle
In other news, insider Tony Nicol purchased 5,289 shares of the business’s stock in a transaction dated Friday, September 18th. The shares were acquired at an average price of GBX 188 per share, with a total value of £9,943.32. 1.19% of the stock is currently owned by corporate insiders.
About Funding Circle
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