Funding Circle (LON:FCH) Trading Up 1.1% – Here’s What Happened

Funding Circle Holdings plc (LON:FCHGet Free Report)’s stock price was up 1.1% on Friday . The company traded as high as GBX 232.67 and last traded at GBX 231.50. Approximately 954,413 shares were traded during mid-day trading, a decline of 47% from the average session volume of 1,808,997 shares. The stock had previously closed at GBX 229.

Wall Street Analyst Weigh In

FCH has been the topic of several recent analyst reports. Canaccord Genuity Group restated a “buy” rating and set a GBX 300 price objective on shares of Funding Circle in a report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Funding Circle from GBX 190 to GBX 290 and gave the stock a “buy” rating in a research report on Friday, August 14th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of GBX 295.

Read Our Latest Research Report on FCH

Funding Circle Trading Up 1.1%

The firm has a market capitalization of £655.54 million, a PE ratio of 16.54 and a beta of 0.75. The company has a debt-to-equity ratio of 119.79, a current ratio of 1.70 and a quick ratio of 3.33. The company has a fifty day moving average of GBX 211.99 and a 200-day moving average of GBX 166.30.

Funding Circle Company Profile

(Get Free Report)

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