Fonix Mobile (LON:FNX) Insider Purchases £19,998.30 in Stock

Fonix Mobile plc (LON:FNX) insider Carmel Warren bought 11,235 shares of the company’s stock in a transaction dated Thursday, January 22nd. The shares were purchased at an average price of GBX 178 per share, with a total value of £19,998.30.

Fonix Mobile Price Performance

Fonix Mobile stock opened at GBX 181.16 on Friday. The business’s 50-day simple moving average is GBX 180.02 and its 200 day simple moving average is GBX 198.14. The company has a quick ratio of 1.16, a current ratio of 1.17 and a debt-to-equity ratio of 2.45. The stock has a market cap of £179.54 million, a price-to-earnings ratio of 16.18 and a beta of 0.67. Fonix Mobile plc has a 12-month low of GBX 165 and a 12-month high of GBX 252.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 293 price target on shares of Fonix Mobile in a research note on Thursday. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of GBX 293.

Fonix Mobile Company Profile

Founded in 2006, Fonix provides mobile payments and messaging services for clients across media, telecoms, entertainment, enterprise and commerce. Based in London, Fonix is a fast growth business driven ITV, Bauer Media, BT, Global Radio, Comic Relief and Children in Need to name a few.