Funding Circle Holdings (FCH)

Sector:

Financials

Index:

FTSE Small Cap

131.50p
   
  • Change Today:
      6.00p
  • 52 Week High: 146.00p
  • 52 Week Low: 26.40p
  • Currency: UK Pounds
  • Shares Issued: 330.97m
  • Volume: 678,573
  • Market Cap: £435.23m
  • RiskGrade: 286
  • Beta: 2.09

FTSE 250 movers: Funding Circle spiralling lower, TBC Bank climbs

By Duncan Ferris

Date: Thursday 25 Apr 2019

LONDON (ShareCast) - (Sharecast News) - London's FTSE 250 index was down 0.44% at 19,906.64 in afternoon trade on Thursday, with Funding Circle leading the index lower.
The peer-to-peer lending marketplace was the top faller for a third consecutive session as it slashed expected returns for UK retail investors after raising its estimate of defaults on US and UK loans made in 2017 and 2018.

Acacia Mining dropped as its first quarter gold production fell 13% year on year to 104,899 ounces, but still expected to meet full year guidance of of 500,000 to 550,000 ounces.

Ex-dividends weighed on London's equity markets, with William Hill and Petrofac both in the frame.

Over-50s specialist Saga fell after Peel Hunt slashed its price target to 110p from 180p, cutting earnings per share estimates to account for pricing cuts and the company's investment in growing the customer base.

"We remain disappointed with Saga's lack of strategic execution, but believe the priorities are finally rightly set. There remains long-term value in the business; albeit on a discounted basis," said a note from the broker.

Housebuilder Redrow was also down, after Shore Capital downgraded the stock from 'buy' to 'hold' in a note that saw the broker warn that "the risk of shocks and surprises" from weaker house prices was being underestimated.

Amigo Holdings edged lower after Shore Capital downgraded its recommendation to 'hold' from 'buy' following the surprise departure of the company's chief executive and a recent rally in the share price.

TBC Bank was the top riser, with Sirius Minerals following close behind as it signed a major new European supply and distribution agreement, while bus and rail operator Stagecoach was on the way up after it announced plans to buy back up to £60m shares.

Graduate and veteran recruitment outfit FDM Group reported a jump in first-quarter revenues on Thursday as it said it's on track to meet expectations for the year, while aerospace engineering firm Meggitt rallied as it reported a 9% jump in first-quarter organic revenue.

Market Movers

FTSE 250 (MCX) 19,906.64 -0.44%


FTSE 250 - Risers

TBC Bank Group (TBCG) 1,580.00p 3.67%
Sirius Minerals (SXX) 21.70p 3.43%
Stagecoach Group (SGC) 118.83p 2.88%
Millennium & Copthorne Hotels (MLC) 448.00p 2.28%
FDM Group (Holdings) (FDM) 984.99p 2.18%
Aston Martin Lagonda Global Holdings (AML) 1,000.80p 2.12%
Meggitt (MGGT) 534.80p 2.02%
Babcock International Group (BAB) 522.60p 1.59%
BBA Aviation (BBA) 268.00p 1.52%
Morgan Advanced Materials (MGAM) 278.80p 1.38%

FTSE 250 - Fallers

Funding Circle Holdings (FCH) 249.00p -11.07%
Acacia Mining (ACA) 148.61p -7.64%
Indivior (INDV) 40.62p -5.53%
William Hill (WMH) 161.50p -4.55%
Saga (SAGA) 58.75p -3.53%
Redrow (RDW) 610.00p -3.33%
Essentra (ESNT) 427.40p -3.30%
Sabre Insurance Group (SBRE) 276.50p -3.15%
Amigo Holdings (AMGO) 246.00p -2.96%
Petrofac Ltd. (PFC) 474.00p -2.85%

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

FCH Market Data

Currency UK Pounds
Share Price 131.50p
Change Today 6.00p
% Change 4.78 %
52 Week High 146.00p
52 Week Low 26.40p
Volume 678,573
Shares Issued 330.97m
Market Cap £435.23m
Beta 2.09
RiskGrade 286

FCH Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
30.47% below the market average30.47% below the market average30.47% below the market average30.47% below the market average30.47% below the market average
42.59% below the sector average42.59% below the sector average42.59% below the sector average42.59% below the sector average42.59% below the sector average
Price Trend
99.16% above the market average99.16% above the market average99.16% above the market average99.16% above the market average99.16% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income Not Available
Growth
2.13% below the market average2.13% below the market average2.13% below the market average2.13% below the market average2.13% below the market average
7.84% above the sector average7.84% above the sector average7.84% above the sector average7.84% above the sector average7.84% above the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 4
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

FCH Dividends

No dividends found

Trades for 21-Nov-2024

Time Volume / Share Price
16:22 29 @ 131.00p
16:35 88,981 @ 131.50p
16:35 8 @ 131.50p
16:35 1,126 @ 131.50p
16:35 916 @ 131.50p

FCH Key Personnel

Chair Andrew Learoyd
CFO Oliver White
CEO Lisa Jacobs

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