Shore Capital Group Upgrades Funding Circle (LON:FCH) to "Buy"

Key Points

• Shore Capital upgraded Funding Circle (LON:FCH) to a "Buy" rating in a research note issued Tuesday.
• Shares opened at GBX 137.10 with a 1‑year range of GBX 91–176.80, 50‑ and 200‑day moving averages of GBX 145.74 and GBX 133.22, and a market cap of £393.74m and PE ratio of 9.79.
• Funding Circle reported GBX 14.60 EPS for the quarter (reported Mar 5), with a return on equity of 21.54% and net margin of 20.90%; sell‑side analysts forecast about 0.07976 EPS for the current fiscal year.

Funding Circle (LON:FCH - Get Free Report) was upgraded by Shore Capital Group to a "buy" rating in a research report issued on Tuesday,London Stock Exchange reports.

Funding Circle Price Performance

FCH opened at GBX 137.10 on Tuesday. Funding Circle has a 1 year low of GBX 91 and a 1 year high of GBX 176.80. The stock has a 50-day moving average price of GBX 145.74 and a 200-day moving average price of GBX 133.22. The company has a debt-to-equity ratio of 119.79, a current ratio of 1.70 and a quick ratio of 3.33. The firm has a market cap of £393.74 million, a PE ratio of 9.79 and a beta of 0.64.

Funding Circle (LON:FCH - Get Free Report) last issued its earnings results on Thursday, March 5th. The company reported GBX 14.60 earnings per share for the quarter. Funding Circle had a return on equity of 21.54% and a net margin of 20.90%. Sell-side analysts predict that Funding Circle will post 0.0797592 earnings per share for the current fiscal year.

About Funding Circle

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