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Funding Circle (LON:FCH) Trading Up 3.3% - Here's What Happened

Funding Circle logo with Financial Services background
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Funding Circle Holdings plc (LON:FCH - Get Free Report) shares rose 3.3% during trading on Wednesday . The company traded as high as GBX 113 ($1.42) and last traded at GBX 108.50 ($1.36). Approximately 458,551 shares traded hands during trading, a decline of 60% from the average daily volume of 1,145,248 shares. The stock had previously closed at GBX 105 ($1.32).

Funding Circle Stock Down 0.5 %

The company has a market capitalization of £316.89 million, a price-to-earnings ratio of -57.50 and a beta of 1.02. The business has a fifty day simple moving average of GBX 120.49 and a two-hundred day simple moving average of GBX 124.68. The company has a quick ratio of 3.33, a current ratio of 2.58 and a debt-to-equity ratio of 35.11.

About Funding Circle

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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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