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Funding Circle Holdings ( (GB:FCH) ) just unveiled an announcement.
Funding Circle Holdings plc has executed a buy-back of 40,185 ordinary shares on the London Stock Exchange, as part of its previously announced share buy-back program. The shares were purchased at a volume-weighted average price of 121.4842 pence per share and will be held in treasury. This transaction is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:FCH) stock is a Hold with a £120.00 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 stock score reflects a mixed financial performance with positive profitability but challenges in revenue stability and cash flow. Technical indicators suggest bearish momentum, while the earnings call provides a positive outlook with strong growth metrics. The valuation is moderate, but the lack of a dividend yield may deter some investors.
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, focusing on providing loans to small and medium-sized enterprises (SMEs). The company leverages technology to facilitate peer-to-peer lending, connecting businesses in need of financing with investors looking for returns.
Average Trading Volume: 625,317
Technical Sentiment Signal: Buy
Current Market Cap: £344.3M
For a thorough assessment of FCH stock, go to TipRanks’ Stock Analysis page.