Shares of Funko, Inc. (NASDAQ:FNKO) shot up 6% on Monday . The stock traded as high as $9.56 and last traded at $9.41. 801,800 shares were traded during trading, an increase of 10% from the average session volume of 726,175 shares. The stock had previously closed at $8.88.

A number of brokerages recently commented on FNKO. Piper Jaffray Companies began coverage on shares of Funko in a research note on Monday, November 27th. They issued an “overweight” rating and a $12.00 price objective for the company. BMO Capital Markets began coverage on shares of Funko in a research note on Monday, November 27th. They issued an “outperform” rating and a $10.00 price objective for the company. Jefferies Group began coverage on shares of Funko in a research note on Monday, November 27th. They issued a “buy” rating and a $13.00 price objective for the company. J P Morgan Chase & Co began coverage on shares of Funko in a research note on Monday, November 27th. They issued an “overweight” rating and a $14.00 price objective for the company. Finally, Bank of America began coverage on shares of Funko in a research note on Monday, November 27th. They issued a “buy” rating and a $12.00 price objective for the company. Eight equities research analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and an average target price of $12.38.

The company has a quick ratio of 0.80, a current ratio of 1.16 and a debt-to-equity ratio of 1.75.

In other Funko news, Director Charles D. Denson purchased 13,300 shares of Funko stock in a transaction dated Monday, November 6th. The shares were acquired at an average cost of $12.00 per share, with a total value of $159,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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Funko Company Profile

Funko, Inc is a pop culture consumer products company. The Company is engaged in selling a broad range of pop culture consumer products, featuring characters from a range of media and entertainment content, including movies, TV shows, video games, music and sports. Its products combine its proprietary brands and designs into properties it licenses from content providers.

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