Funding Circle (LON:FCH) Reaches New 1-Year High – Time to Buy?

Funding Circle Holdings plc (LON:FCH) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 178 and last traded at GBX 176.60, with a volume of 852154 shares. The stock had previously closed at GBX 173.60.

Wall Street Analyst Weigh In

Separately, Shore Capital Group raised shares of Funding Circle to a “buy” rating in a report on Tuesday, April 7th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Funding Circle Stock Up 2.5%

The company has a market cap of £504.64 million, a PE ratio of 12.71 and a beta of 0.71. The company has a current ratio of 1.70, a quick ratio of 3.33 and a debt-to-equity ratio of 119.79. The business has a fifty day simple moving average of GBX 144.91 and a two-hundred day simple moving average of GBX 143.55.

Insider Activity at Funding Circle

In related news, insider Tony Nicol acquired 1,314 shares of Funding Circle stock in a transaction that occurred on Monday, May 18th. The shares were purchased at an average price of GBX 137 per share, for a total transaction of £1,800.18. Also, insider Lisa Jacobs acquired 1,315 shares of the stock in a transaction on Monday, May 18th. The shares were bought at an average cost of GBX 137 per share, for a total transaction of £1,801.55. Insiders own 1.18% of the company’s stock.

Funding Circle Company Profile