Fonix Mobile plc (LON:FNX – Get Free Report) insider Carmel Warren purchased 11,235 shares of the business’s stock in a transaction on Thursday, January 22nd. The shares were bought at an average cost of GBX 178 per share, for a total transaction of £19,998.30.
Fonix Mobile Stock Performance
Shares of FNX stock opened at GBX 184.75 on Friday. The stock has a market cap of £183.09 million, a PE ratio of 16.50 and a beta of 0.67. The business has a 50-day simple moving average of GBX 179.93 and a 200-day simple moving average of GBX 197.65. The company has a quick ratio of 1.16, a current ratio of 1.17 and a debt-to-equity ratio of 2.45. Fonix Mobile plc has a 52-week low of GBX 165 and a 52-week high of GBX 252.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 293 price objective on shares of Fonix Mobile in a research report on Thursday. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of GBX 293.
Fonix Mobile Company Profile
Founded in 2006, Fonix provides mobile payments and messaging services for clients across media, telecoms, entertainment, enterprise and commerce. Based in London, Fonix is a fast growth business driven ITV, Bauer Media, BT, Global Radio, Comic Relief and Children in Need to name a few.
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