Fulcrum Utility Services’ (FCRM) “Buy” Rating Reaffirmed at FinnCap
FinnCap reaffirmed their buy rating on shares of Fulcrum Utility Services Ltd (LON:FCRM) in a report published on Wednesday. They currently have a GBX 55 ($0.72) price target on the stock, up from their previous price target of GBX 50 ($0.65).
Fulcrum Utility Services (LON:FCRM) traded up 1.57% during mid-day trading on Wednesday, reaching GBX 38.75. The company’s stock had a trading volume of 367,491 shares. The firm’s 50 day moving average price is GBX 36.91 and its 200 day moving average price is GBX 37.71. Fulcrum Utility Services has a 52 week low of GBX 16.03 and a 52 week high of GBX 46.00. The firm’s market capitalization is GBX 60.60 million.
In related news, insider Gutteridge,Stephen sold 15,000 shares of the stock in a transaction on Monday, July 4th. The stock was sold at an average price of GBX 39 ($0.51), for a total transaction of £5,850 ($7,636.08). Also, insider Holder,Phil acquired 100,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 6th. The shares were purchased at an average price of GBX 37 ($0.48) per share, with a total value of £37,000 ($48,296.57).
Fulcrum Utility Services Company Profile
Fulcrum Utility Services Limited provides unregulated utility connections and independent gas transportation services in the United Kingdom. The Company’s segments include Infrastructure Services segment, which provides utility infrastructure and connections services, and Pipelines segment, which comprises both the ownership of gas infrastructure assets and the conveyance of gas through its gas transportation networks.
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