Shares of Funding Circle Holdings plc (LON:FCH – Get Free Report) dropped 15.4% on Tuesday . The company traded as low as GBX 88.36 ($1.10) and last traded at GBX 105.78 ($1.32). Approximately 11,645,574 shares were traded during mid-day trading, an increase of 756% from the average daily volume of 1,360,703 shares. The stock had previously closed at GBX 125 ($1.56).
Funding Circle Stock Performance
The stock has a fifty day simple moving average of GBX 129.49 and a two-hundred day simple moving average of GBX 124.51. The stock has a market cap of £330.07 million, a price-to-earnings ratio of 75.90 and a beta of 1.02. The company has a debt-to-equity ratio of 35.11, a quick ratio of 3.33 and a current ratio of 2.58.
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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