Insider Buying: Vanquis Banking Group plc (LON:VANQ) Insider Buys £151.50 in Stock

Vanquis Banking Group plc (LON:VANQ) insider Dave Watts purchased 303 shares of Vanquis Banking Group stock in a transaction on Friday, March 14th. The shares were purchased at an average cost of GBX 50 ($0.65) per share, with a total value of £151.50 ($197.09).

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

• On Friday, February 14th, Dave Watts acquired 244 shares of Vanquis Banking Group stock. The stock was acquired at an average cost of GBX 62 ($0.81) per share, for a total transaction of £151.28 ($196.80).
• On Tuesday, January 14th, Dave Watts bought 327 shares of Vanquis Banking Group stock. The stock was acquired at an average cost of GBX 46 ($0.60) per share, with a total value of £150.42 ($195.68).

Vanquis Banking Group Stock Down 1.0 %

LON:VANQ opened at GBX 56.60 ($0.74) on Thursday. Vanquis Banking Group plc has a twelve month low of GBX 37.40 ($0.49) and a twelve month high of GBX 67.60 ($0.88). The firm has a market capitalization of £143.52 million, a price-to-earnings ratio of -4.59 and a beta of 1.45. The stock’s 50 day moving average price is GBX 53.99 and its two-hundred day moving average price is GBX 51.33.

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

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “house stock” rating on shares of Vanquis Banking Group in a research note on Friday, March 14th.

About Vanquis Banking Group