Funding Circle Holdings PLC (LON:FCH) traded up 2.4% during trading on Friday . The stock traded as high as GBX 81.90 ($1.08) and last traded at GBX 81.90 ($1.08), 322,487 shares traded hands during trading. The stock had previously closed at GBX 80 ($1.05).
Several equities research analysts have recently commented on the company. Goldman Sachs Group reduced their target price on Funding Circle from GBX 150 ($1.97) to GBX 100 ($1.32) and set a “neutral” rating for the company in a report on Friday, January 24th. Barclays reduced their target price on Funding Circle from GBX 170 ($2.24) to GBX 110 ($1.45) and set an “equal weight” rating for the company in a report on Wednesday, January 15th.
The firm has a 50 day moving average of GBX 85.43 and a 200-day moving average of GBX 100.59. The stock has a market capitalization of $285.37 million and a PE ratio of -4.88. The company has a debt-to-equity ratio of 45.29, a quick ratio of 2.58 and a current ratio of 2.65.
About Funding Circle (LON:FCH)
Funding Circle Holdings Plc, through its subsidiaries, provides online lending platforms in the United Kingdom, the United States, Germany, and the Netherlands. Its platforms allow retail and accredited investors, banks, asset management companies, insurance companies, and government-backed entities and funds to provide business loans for small and medium sized businesses.
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