Funding Circle Holdings plc (LON:FCH) Insider Buys £1,803 in Stock

Funding Circle Holdings plc (LON:FCH – Get Rating) insider Oliver White acquired 3,005 shares of the stock in a transaction that occurred on Thursday, June 16th. The stock was acquired at an average cost of GBX 60 ($0.73) per share, for a total transaction of £1,803 ($2,188.37).

FCH traded up GBX 1.50 ($0.02) during mid-day trading on Friday, reaching GBX 59.80 ($0.73). 112,337 shares of the company traded hands, compared to its average volume of 449,393. The stock has a market capitalization of £215.67 million and a P/E ratio of 3.59. The company has a quick ratio of 2.11, a current ratio of 2.15 and a debt-to-equity ratio of 82.43. The company’s fifty day moving average price is GBX 67.16 and its 200-day moving average price is GBX 83.75. Funding Circle Holdings plc has a 52-week low of GBX 54 ($0.66) and a 52-week high of GBX 169.80 ($2.06).

Several research firms recently issued reports on FCH. Barclays reaffirmed an “equal weight” rating and issued a GBX 140 ($1.70) price objective on shares of Funding Circle in a research report on Thursday, May 19th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 120 ($1.46) price objective on shares of Funding Circle in a research report on Friday, April 29th.

Funding Circle Company Profile (Get Rating)

Funding Circle Holdings plc, together with its subsidiaries, provides online lending platforms in the United Kingdom, the United States, and internationally. The company offers small business loans, recovery loan schemes, and business finance solutions to small and medium enterprises. It also provides flexipay and flexipay card solutions.

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