Funding Circle (LON:FCH) Trading Down 5.6% - What's Next?

Key Points

• Funding Circle's stock dropped 5.6%, trading at GBX 118 ($1.58), with the daily trading volume declining by 30% from its average.
• The company reported a negative return on equity of 13.75% and a net margin of -19.85%, indicating financial challenges.
• Insiders have been active, with one selling 237,700 shares and another buying 202,589 shares, reflecting mixed confidence in the company's performance.

Funding Circle Holdings plc (LON:FCH - Get Free Report) was down 5.6% on Friday . The stock traded as low as GBX 118 ($1.58) and last traded at GBX 118 ($1.58). Approximately 658,992 shares traded hands during mid-day trading, a decline of 30% from the average daily volume of 936,745 shares. The stock had previously closed at GBX 125 ($1.68).

Funding Circle Trading Down 5.6%

The firm has a fifty day moving average of GBX 131.86 and a 200 day moving average of GBX 122.89. The firm has a market capitalization of £346.25 million, a PE ratio of 1,685.71 and a beta of 1.02. The company has a debt-to-equity ratio of 35.11, a quick ratio of 3.33 and a current ratio of 2.58.

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

Insiders Place Their Bets

In other Funding Circle news, insider Lisa Jacobs sold 237,700 shares of the company's stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of GBX 135, for a total value of £320,895. Also, insider Ken Stannard bought 202,589 shares of the stock in a transaction dated Friday, September 12th. The shares were acquired at an average price of GBX 123 per share, with a total value of £249,184.47. 5.10% of the stock is currently owned by company 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.

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.