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Insider Buying: Funding Circle (LON:FCH) Insider Purchases 202,589 Shares of Stock

Funding Circle logo with Financial Services background

Key Points

  • Ken Stannard, an insider at Funding Circle Holdings plc, acquired 202,589 shares of the company's stock at an average price of GBX 123 per share, totaling approximately £249,184.47.
  • Funding Circle's stock performance reflects a current price of GBX 119, with a 50-day moving average of GBX 137.46 and a 200-day moving average of GBX 120.23.
  • The company reported a quarterly earnings of GBX 1.90 per share, alongside a negative return on equity of 13.75% and a negative net margin of 19.85%.
  • Interested in Funding Circle? Here are five stocks we like better.

Funding Circle Holdings plc (LON:FCH - Get Free Report) insider Ken Stannard acquired 202,589 shares of Funding Circle stock in a transaction that occurred on Friday, September 12th. The shares were purchased at an average cost of GBX 123 per share, with a total value of £249,184.47.

Funding Circle Trading Down 1.2%

LON FCH traded down GBX 1.40 during trading hours on Tuesday, hitting GBX 118.20. 394,793 shares of the company's stock were exchanged, compared to its average volume of 947,666. The business's 50 day moving average is GBX 137.02 and its 200-day moving average is GBX 120.58. The company has a debt-to-equity ratio of 35.11, a quick ratio of 3.33 and a current ratio of 2.58. Funding Circle Holdings plc has a 12-month low of GBX 87.10 and a 12-month high of GBX 157. The firm has a market capitalization of £349.04 million, a P/E ratio of 4,728.00 and a beta of 1.02.

Funding Circle (LON:FCH - Get Free Report) last issued its quarterly earnings results on Thursday, September 4th. The company reported GBX 1.90 earnings per share (EPS) for the quarter. Funding Circle had a negative return on equity of 13.75% and a negative net margin of 19.85%. As a group, analysts anticipate that Funding Circle Holdings plc will post 0.0797592 EPS for the current fiscal year.

Funding Circle Company Profile

(Get Free Report)

Funding Circle LSE: FCH is a leading UK lending platform for SME borrowers. Established in the UK in 2010, and now the leading lending platform to SMEs, Funding Circle has extended more than £13.6bn in credit to c.103,000 businesses in the UK. For SME borrowers, Funding Circle provides an unrivalled customer experience, delivered through its technology and data, coupled with a human touch.

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