Funding Circle (LON:FCH) Shares Down 15.6% - Should You Sell?

Funding Circle Holdings plc (LON:FCH - Get Free Report)'s stock price traded down 15.6% on Wednesday . The company traded as low as GBX 88.36 ($1.10) and last traded at GBX 105.50 ($1.32). 12,841,548 shares changed hands during trading, an increase of 810% from the average session volume of 1,410,535 shares. The stock had previously closed at GBX 125 ($1.56).

Funding Circle Stock Performance

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 business has a 50 day moving average price of GBX 128.96 and a two-hundred day moving average price of GBX 124.50. The stock has a market cap of £334.76 million, a PE ratio of 76.98 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.

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