Funding Circle (LON:FCH) Hits New 12-Month High – Here’s Why

Funding Circle Holdings plc (LON:FCH) 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.

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.

Funding Circle Company Profile