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Funding Circle Holdings ( (GB:FCH) ) just unveiled an update.
Funding Circle Holdings plc has executed a buy-back of its own shares, purchasing 47,564 ordinary shares on the London Stock Exchange at an average price of 123.2783 pence per share. This transaction is part of a previously announced buy-back program and the shares will be held in treasury, which may impact the company’s share capital structure and voting rights calculations for stakeholders.
The most recent analyst rating on (GB:FCH) stock is a Hold with a £133.00 price target. To see the full list of analyst forecasts on Funding Circle Holdings stock, see the GB:FCH Stock Forecast page.
Spark’s Take on GB:FCH Stock
According to Spark, TipRanks’ AI Analyst, GB:FCH is a Neutral.
Funding Circle Holdings Limited’s overall score reflects strong earnings call results and moderate valuation, tempered by mixed financial performance and technical indicators. The positive outlook from the earnings call is a significant strength, but financial and technical challenges need addressing.
To see Spark’s full report on GB:FCH stock, click here.
More about Funding Circle Holdings
Funding Circle Holdings plc operates in the financial services industry, primarily focusing on providing loans to small and medium-sized enterprises (SMEs). The company utilizes an online platform to connect businesses with investors, facilitating access to capital for business growth and development.
Average Trading Volume: 670,800
Technical Sentiment Signal: Buy
Current Market Cap: £367.5M
For detailed information about FCH stock, go to TipRanks’ Stock Analysis page.