Supply@ME Capital (LON:SYME) Trading Down 25% – Here’s Why

Shares of Supply@ME Capital plc (LON:SYME) were down 25% on Friday . The stock traded as low as GBX 0 and last traded at GBX 0. Approximately 2,307,048 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 56,663,715 shares. The stock had previously closed at GBX 0.

Supply@ME Capital Stock Down 25.0%

The stock has a market cap of £2.15 million, a P/E ratio of -0.91 and a beta of 4.56.

About Supply@ME Capital

Supply@ME Capital plc is a fintech primed to expand globally, by providing a new, innovative, much needed solution to a longstanding problem which has impeded business’ growth, by providing access to funding to monetise their inventory.

Supply@ME helps businesses which hold non perishable stock, from heavy manufacturing and chemicals to high fashion and luxury goods, improve their cashflow and unlock working capital.

Its platform enables businesses to alleviate the cost of unsold inventory in warehouses or in transit, by offering more funds at a more competitive rate than traditional financing solutions.