Vanquis Banking Group plc (LON:VANQ) Insider Acquires £149.16 in Stock

Key Points

• Insider Trading: Dave Watts, an insider at Vanquis Banking Group, purchased 132 shares at an average price of GBX 113, totaling £149.16, indicating personal confidence in the company's stock.
• Stock Performance: As of Friday, Vanquis Banking Group's shares traded up 0.9% to GBX 113.60, with a market cap of £288.06 million, and a 52-week range of GBX 37.40 to GBX 124.20.
• Earnings Report: The company reported a quarterly EPS of GBX 1.90, with analysts predicting an annual EPS of about 4.16, reflecting potential financial challenges with a negative return on equity.

Vanquis Banking Group plc (LON:VANQ - Get Free Report) insider Dave Watts purchased 132 shares of the firm's stock in a transaction that occurred on Thursday, August 14th. The shares were bought at an average cost of GBX 113 ($1.53) per share, for a total transaction of £149.16 ($201.81).

Dave Watts also recently made the following trade(s):

• On Monday, June 16th, Dave Watts purchased 172 shares of Vanquis Banking Group stock. The shares were bought at an average price of GBX 88 ($1.19) per share, with a total value of £151.36 ($204.79).

Vanquis Banking Group Trading Up 0.9%

Shares of Vanquis Banking Group stock traded up GBX 1 ($0.01) during trading on Friday, hitting GBX 113.60 ($1.54). 531,214 shares of the stock traded hands, compared to its average volume of 785,760. Vanquis Banking Group plc has a 52-week low of GBX 37.40 ($0.51) and a 52-week high of GBX 124.20 ($1.68). The stock's fifty day simple moving average is GBX 99.64 and its 200 day simple moving average is GBX 75.87. The firm has a market cap of £288.06 million, a P/E ratio of -9.22 and a beta of 1.45.

Vanquis Banking Group (LON:VANQ - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported GBX 1.90 ($0.03) EPS for the quarter. Vanquis Banking Group had a negative return on equity of 5.64% and a negative net margin of 6.88%. As a group, equities analysts expect that Vanquis Banking Group plc will post 4.1557331 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Shore Capital restated a "house stock" rating on shares of Vanquis Banking Group in a report on Thursday, August 7th. Canaccord Genuity Group boosted their target price on Vanquis Banking Group from GBX 66 ($0.89) to GBX 83 ($1.12) and gave the stock a "speculative buy" rating in a research report on Friday, May 2nd.

About Vanquis Banking Group

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