Insider Buying: Vanquis Banking Group plc (LON:VANQ) Insider Acquires 303 Shares of Stock

Vanquis Banking Group plc (LON:VANQ) insider Dave Watts bought 303 shares of the stock in a transaction on Friday, March 14th. The shares were acquired at an average cost of GBX 50 ($0.65) per share, for a total transaction of £151.50 ($195.84).

Dave Watts also recently made the following trade(s):

• On Friday, February 14th, Dave Watts purchased 244 shares of Vanquis Banking Group stock. The stock was purchased at an average cost of GBX 62 ($0.80) per share, for a total transaction of £151.28 ($195.55).
• On Tuesday, January 14th, Dave Watts purchased 327 shares of Vanquis Banking Group stock. The stock was purchased at an average cost of GBX 46 ($0.59) per share, for a total transaction of £150.42 ($194.44).

Vanquis Banking Group Price Performance

LON VANQ traded up GBX 2.20 ($0.03) during trading on Monday, hitting GBX 54.20 ($0.70). 697,887 shares of the company’s stock traded hands, compared to its average volume of 956,105. The stock has a fifty day moving average of GBX 53.48 and a two-hundred day moving average of GBX 51.40. Vanquis Banking Group plc has a 12-month low of GBX 37.40 ($0.48) and a 12-month high of GBX 67.60 ($0.87). The firm has a market cap of £137.44 million, a P/E ratio of -4.40 and a beta of 1.45.

Vanquis Banking Group (LON:VANQ) last posted its earnings results on Friday, March 14th. The company reported GBX (9.70) (($0.13)) earnings per share for the quarter. Vanquis Banking Group had a negative return on equity of 5.64% and a negative net margin of 6.88%. As a group, analysts expect that Vanquis Banking Group plc will post 4.1557331 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “house stock” rating on shares of Vanquis Banking Group in a research note on Friday.

Vanquis Banking Group Company Profile