Dave Watts Acquires 303 Shares of Vanquis Banking Group plc (LON:VANQ) Stock

Vanquis Banking Group plc (LON:VANQ) insider Dave Watts bought 303 shares of the business’s stock in a transaction on Friday, March 14th. The shares were bought at an average cost of GBX 50 ($0.65) per share, for a total transaction of £151.50 ($195.84).

Dave Watts also recently made the following trade(s):

• On Friday, February 14th, Dave Watts acquired 244 shares of Vanquis Banking Group stock. The stock was acquired at an average cost of GBX 62 ($0.80) per share, with a total value of £151.28 ($195.55).
• On Tuesday, January 14th, Dave Watts bought 327 shares of Vanquis Banking Group stock. The stock was purchased at an average cost of GBX 46 ($0.59) per share, with a total value of £150.42 ($194.44).

Vanquis Banking Group Price Performance

Shares of LON VANQ traded up GBX 2.20 ($0.03) during midday trading on Monday, reaching GBX 54.20 ($0.70). The company’s stock had a trading volume of 697,887 shares, compared to its average volume of 956,105. Vanquis Banking Group plc has a 12-month low of GBX 37.40 ($0.48) and a 12-month high of GBX 67.60 ($0.87). The firm has a 50 day moving average price of GBX 53.48 and a 200-day moving average price of GBX 51.40. The stock has a market capitalization of £137.44 million, a P/E ratio of -4.40 and a beta of 1.45.

Vanquis Banking Group (LON:VANQ) last announced its earnings results on Friday, March 14th. The company reported GBX (9.70) (($0.13)) earnings per share for the quarter. Vanquis Banking Group had a negative return on equity of 5.64% and a negative net margin of 6.88%. On average, equities analysts predict that Vanquis Banking Group plc will post 4.1557331 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Vanquis Banking Group in a research report on Friday.

Vanquis Banking Group Company Profile