Funding Circle Holdings plc (LON:FCH – Get Free Report)’s stock price dropped 26.4% on Tuesday . The company traded as low as GBX 88.36 ($1.10) and last traded at GBX 92 ($1.14). Approximately 3,424,126 shares traded hands during mid-day trading, an increase of 236% from the average daily volume of 1,018,143 shares. The stock had previously closed at GBX 125 ($1.56).
Funding Circle Stock Down 22.5 %
The firm’s 50 day moving average is GBX 129.49 and its 200-day moving average is GBX 124.51. The firm has a market cap of £303.10 million, a PE ratio of 69.70 and a beta of 1.02. The company has a quick ratio of 3.33, a current ratio of 2.58 and a debt-to-equity ratio of 35.11.
Funding Circle Company Profile
Funding Circle (LSE: FCH) is a leading UK lending platform for SME borrowers. Established in the UK in 2010, and now the leading lending platform to SMEs, Funding Circle has extended more than £13.6bn in credit to c.103,000 businesses in the UK.
For SME borrowers, Funding Circle provides an unrivalled customer experience, delivered through its technology and data, coupled with a human touch.
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