Funding Circle Holdings plc (LON:FCH – Get Free Report)’s share price dropped 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 mid-day 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 Upgrades and Downgrades
Several brokerages have commented on FCH. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 290 price target on shares of Funding Circle in a research report on Wednesday, September 9th. Canaccord Genuity Group raised their price objective on Funding Circle from GBX 300 to GBX 308 and gave the company a “buy” rating in a report on Wednesday, September 9th. Three investment analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 299.
View Our Latest Stock Report on FCH
Funding Circle Stock Performance
The stock’s 50-day moving average price is GBX 202.68 and its 200-day moving average price is GBX 170.88. The company has a market cap of £585.13 million, a P/E ratio of 10.56 and a beta of 0.82. The company has a debt-to-equity ratio of 105.33, a current ratio of 1.87 and a quick ratio of 3.33.
Funding Circle (LON:FCH – Get Free Report) last posted its quarterly earnings data on Tuesday, September 8th. The company reported GBX 7.60 EPS for the quarter. Funding Circle had a return on equity of 26.71% and a net margin of 22.93%. Equities analysts anticipate that Funding Circle Holdings plc will post 0.08 EPS for the current year.
Insider Buying and Selling
In other news, insider Tony Nicol acquired 5,289 shares of Funding Circle stock in a transaction that occurred on Friday, September 18th. The shares were acquired at an average price of GBX 188 per share, for a total transaction of £9,943.32. 1.19% of the stock is currently owned by insiders.
Funding Circle Company Profile
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