Funding Circle (LON:FCH) Hits New 12-Month High – Here’s Why
by Renee Jackson · The Cerbat GemFunding Circle Holdings plc (LON:FCH – Get Free Report) shares reached a new 52-week high on Tuesday . The company traded as high as GBX 234.50 and last traded at GBX 233.50, with a volume of 860194 shares traded. The stock had previously closed at GBX 226.
Analyst Ratings Changes
Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 300 price target on shares of Funding Circle in a research note on Tuesday, July 21st. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of GBX 300.
Read Our Latest Stock Report on Funding Circle
Funding Circle Price Performance
The firm has a market capitalization of £662.56 million, a P/E ratio of 16.69 and a beta of 0.71. The company has a fifty day moving average of GBX 171.60 and a 200 day moving average of GBX 154.50. The company has a debt-to-equity ratio of 119.79, a current ratio of 1.70 and a quick ratio of 3.33.
Insiders Place Their Bets
In other Funding Circle news, insider Tony Nicol acquired 1,314 shares of the stock in a transaction dated Monday, May 18th. The stock was purchased at an average cost 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 that occurred on Monday, May 18th. The shares were acquired at an average price of GBX 137 per share, for a total transaction of £1,801.55. Corporate insiders own 1.18% of the company’s stock.