Funding Circle (LON:FCH) Sets New 52-Week High – What’s Next?

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

Wall Street Analysts Forecast Growth

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

Funding Circle Trading Down 1.9%

The stock has a fifty day moving average of GBX 146.46 and a 200-day moving average of GBX 144.31. The company has a debt-to-equity ratio of 119.79, a quick ratio of 3.33 and a current ratio of 1.70. The company has a market cap of £497.83 million, a PE ratio of 12.54 and a beta of 0.71.

Insider Buying and Selling at Funding Circle

In other Funding Circle news, insider Tony Nicol bought 1,314 shares of the firm’s stock in a transaction dated Monday, May 18th. The stock was acquired at an average cost of GBX 137 per share, for a total transaction of £1,800.18. Also, insider Lisa Jacobs bought 1,315 shares of the stock in a transaction dated Monday, May 18th. The shares were bought at an average cost of GBX 137 per share, with a total value of £1,801.55. 1.18% of the stock is currently owned by company insiders.

About Funding Circle