Funding Circle (LON:FCH) Trading Down 0.4% - Here's What Happened

Key Points

• Funding Circle Holdings plc saw a decline of 0.4% in trading, with the stock last trading at GBX 148.20 ($1.99), down from its previous close of GBX 148.80 ($2.00).
• The company's trading volume was significantly lower, with 284,459 shares traded, marking a 70% decrease from the average session volume of 944,098 shares.
• Funding Circle is a leading UK lending platform for SMEs, having extended more than £13.6 billion in credit to approximately 103,000 businesses since its establishment in 2010.

Funding Circle Holdings plc (LON:FCH - ) fell 0.4% during trading on Monday . The company traded as low as GBX 146 ($1.96) and last traded at GBX 148.20 ($1.99). 284,459 shares were traded during mid-day trading, a decline of 70% from the average session volume of 944,098 shares. The stock had previously closed at GBX 148.80 ($2.00).

Funding Circle Stock Down 0.4%

The business has a 50 day simple moving average of GBX 133.96 and a 200 day simple moving average of GBX 117.89. The company has a debt-to-equity ratio of 35.11, a current ratio of 2.58 and a quick ratio of 3.33. The stock has a market cap of £443.05 million, a PE ratio of -80.40 and a beta of 1.02.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.