Insider Selling: Vanquis Banking Group (LON:VANQ) Insider Sells £222,602.38 in Stock

Vanquis Banking Group plc (LON:VANQ) insider Ian McLaughlin sold 289,094 shares of the firm’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of GBX 77, for a total value of £222,602.38.

Vanquis Banking Group Stock Performance

VANQ stock traded down GBX 0.60 during trading on Wednesday, reaching GBX 76.30. The company had a trading volume of 656,045 shares, compared to its average volume of 997,550. The company has a market cap of £191.00 million, a price-to-earnings ratio of 28.26 and a beta of 1.17. Vanquis Banking Group plc has a twelve month low of GBX 75 and a twelve month high of GBX 132. The firm has a 50-day simple moving average of GBX 95.45 and a 200-day simple moving average of GBX 107.12.

Vanquis Banking Group (LON:VANQ) last posted its quarterly earnings data on Thursday, July 30th. The company reported GBX 1.80 EPS for the quarter. Vanquis Banking Group had a net margin of 1.71% and a return on equity of 2.20%. Sell-side analysts expect that Vanquis Banking Group plc will post 4.1557331 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank cut their price objective on Vanquis Banking Group from GBX 165 to GBX 145 and set a “buy” rating on the stock in a report on Thursday, July 30th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of GBX 142.50.

Vanquis Banking Group Company Profile

We’re Vanquis Banking Group plc, an FTSE All Share company and a leading specialist bank, established in 1880. We lend responsibly, providing tailored products and services to 1.75 million UK customers through Vanquis, Moneybarn, and Snoop.

https://www.vanquisbankinggroup.com/shareholder-hub/investment-case/