Funding Circle’s (FCH) Buy Rating Reaffirmed at Numis Securities

Numis Securities reiterated their buy rating on shares of Funding Circle (LON:FCH – Get Rating) in a research report released on Tuesday morning, Digital Look reports. Numis Securities currently has a GBX 330 ($4.09) target price on the stock.

Funding Circle Stock Down 7.2 %

Shares of LON:FCH opened at GBX 53.80 ($0.67) on Tuesday. Funding Circle has a one year low of GBX 29.68 ($0.37) and a one year high of GBX 100 ($1.24). The company has a 50 day moving average of GBX 54.38 and a 200-day moving average of GBX 46.70. The company has a debt-to-equity ratio of 38.12, a current ratio of 3.35 and a quick ratio of 3.33. The stock has a market cap of £194.38 million and a price-to-earnings ratio of 597.78.

About Funding Circle

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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.