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Funding Circle (LON:FCH) Trading Down 15.4% - Should You Sell?

Funding Circle logo with Financial Services background

Shares of Funding Circle Holdings plc (LON:FCH - Get Free Report) dropped 15.4% on Tuesday . The company traded as low as GBX 88.36 ($1.10) and last traded at GBX 105.78 ($1.32). Approximately 11,645,574 shares were traded during mid-day trading, an increase of 756% from the average daily volume of 1,360,703 shares. The stock had previously closed at GBX 125 ($1.56).

Funding Circle Stock Performance

The stock has a fifty day simple moving average of GBX 129.49 and a two-hundred day simple moving average of GBX 124.51. The stock has a market cap of £330.07 million, a price-to-earnings ratio of 75.90 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 Company Profile

(Get Free Report)

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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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.

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