Funding Circle (LON:FCH) Trading Down 1.6% - What's Next?

Key Points

• Funding Circle Holdings plc shares declined by 1.6% during mid-day trading on Thursday, closing at GBX 123 ($1.64) after reaching a low of GBX 121.60 ($1.62).
• The company reported a negative return on equity of 13.75% and a net margin of -19.85% in its latest quarterly earnings, with earnings per share of GBX 1.90.
• Insider transactions included Ken Stannard purchasing 202,589 shares at GBX 123 and Lisa Jacobs selling 237,700 shares at GBX 135 recently.

Shares of Funding Circle Holdings plc (LON:FCH - Get Free Report) fell 1.6% during mid-day trading on Thursday . The stock traded as low as GBX 121.60 ($1.62) and last traded at GBX 123 ($1.64). 1,008,779 shares were traded during trading, an increase of 7% from the average session volume of 942,821 shares. The stock had previously closed at GBX 125 ($1.67).

Funding Circle Stock Performance

The firm has a fifty day moving average of GBX 136.41 and a 200-day moving average of GBX 121.47. The stock has a market capitalization of £363.21 million, a price-to-earnings ratio of 4,920.00 and a beta of 1.02. The company has a quick ratio of 3.33, a current ratio of 2.58 and a debt-to-equity ratio of 35.11.

Funding Circle (LON:FCH - Get Free Report) last issued its quarterly earnings data on Thursday, September 4th. The company reported GBX 1.90 earnings per share (EPS) for the quarter. Funding Circle had a negative return on equity of 13.75% and a negative net margin of 19.85%. As a group, sell-side analysts anticipate that Funding Circle Holdings plc will post 0.0797592 EPS for the current year.

Insider Buying and Selling at Funding Circle

In related news, insider Ken Stannard purchased 202,589 shares of the company's stock in a transaction on Friday, September 12th. The stock was bought at an average price of GBX 123 per share, with a total value of £249,184.47. Also, insider Lisa Jacobs sold 237,700 shares of the firm's stock in a transaction on Thursday, September 4th. The stock was sold at an average price of GBX 135, for a total value of £320,895. Company insiders own 4.72% of the company's stock.

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.

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