Funding Circle (LON:FCH) Stock Price Up 2.2% – Should You Buy?

Funding Circle Holdings plc (LON:FCHGet Free Report) shares traded up 2.2% on Tuesday . The stock traded as high as GBX 150 and last traded at GBX 148.19. 3,237,344 shares traded hands during trading, an increase of 68% from the average session volume of 1,922,802 shares. The stock had previously closed at GBX 145.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group raised shares of Funding Circle to a “buy” rating in a research report on Tuesday, April 7th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Funding Circle has an average rating of “Buy”.

View Our Latest Research Report on Funding Circle

Funding Circle Price Performance

The firm has a market cap of £421.02 million, a P/E ratio of 10.58 and a beta of 0.72. The business’s fifty day simple moving average is GBX 142.66 and its 200-day simple moving average is GBX 140.97. The company has a current ratio of 1.70, a quick ratio of 3.33 and a debt-to-equity ratio of 119.79.

Insider Buying and Selling at Funding Circle

In related news, insider Tony Nicol acquired 1,314 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were acquired at an average price of GBX 137 per share, with a total value of £1,800.18. Also, insider Lisa Jacobs bought 1,315 shares of the business’s stock in a transaction on Monday, May 18th. The stock was bought at an average price of GBX 137 per share, with a total value of £1,801.55. 1.17% of the stock is currently owned by insiders.

About Funding Circle

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