Funding Circle (LON:FCH) Stock Price Down 3.7% - Should You Sell?

Key Points

• Funding Circle's stock price fell by 3.7% to GBX 130.20 ($1.73) amid lower trading volume, which was 21% below its daily average.
• The company has a significant debt-to-equity ratio of 35.11 and a market capitalization of £389.23 million, reflecting its current financial standing.
• Insider Lisa Jacobs purchased 1,540 shares at GBX 117 ($1.55) each, indicating confidence from leadership despite recent stock performance.

Funding Circle Holdings plc (LON:FCH - Get Free Report) dropped 3.7% during trading on Friday . The stock traded as low as GBX 128.40 ($1.71) and last traded at GBX 130.20 ($1.73). Approximately 783,521 shares were traded during trading, a decline of 21% from the average daily volume of 988,988 shares. The stock had previously closed at GBX 135.20 ($1.80).

Funding Circle Stock Performance

The company has a quick ratio of 3.33, a current ratio of 2.58 and a debt-to-equity ratio of 35.11. The stock has a market cap of £412.55 million, a price-to-earnings ratio of -74.86 and a beta of 1.02. The company has a 50 day simple moving average of GBX 125.07 and a 200 day simple moving average of GBX 115.50.

Insider Activity

In other news, insider Lisa Jacobs acquired 1,540 shares of the stock in a transaction dated Friday, May 16th. The stock was bought at an average price of GBX 117 ($1.56) per share, with a total value of £1,801.80 ($2,395.69). 35.18% of the stock is owned by corporate insiders.

About Funding Circle

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.