Funding Circle (LON:FCH) Trading Down 3% – Here’s What Happened

Funding Circle Holdings plc (LON:FCH) shares fell 3% during mid-day trading on Monday . The company traded as low as GBX 130 ($1.63) and last traded at GBX 130 ($1.63). 303,563 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 1,190,739 shares. The stock had previously closed at GBX 134 ($1.68).

Funding Circle Trading Down 3.0 %

The firm has a market cap of £406.72 million, a price-to-earnings ratio of 93.53 and a beta of 1.02. The firm’s 50-day moving average is GBX 132.38 and its 200-day moving average is GBX 118.78. The company has a current ratio of 2.58, a quick ratio of 3.33 and a debt-to-equity ratio of 35.11.

Insider Buying and Selling at Funding Circle

In other news, insider Oliver White sold 129,870 shares of the stock in a transaction that occurred on Wednesday, October 2nd. The stock was sold at an average price of GBX 136 ($1.71), for a total value of £176,623.20 ($221,610.04). Insiders own 35.18% of the company’s stock.

Funding Circle Company Profile

Funding Circle Holdings plc, together with its subsidiaries, provides online lending platforms in the United Kingdom, the United States, and internationally. The company offers small business loans, recovery loan schemes, and business finance solutions to small enterprises. It also provides flexipay and flexipay card solutions.