Funding Circle (LON:FCH) Trading Down 1.3% – Time to Sell?

Funding Circle Holdings plc (LON:FCH) shares were down 1.3% during trading on Friday . The company traded as low as GBX 121.40 and last traded at GBX 122.60. Approximately 359,946 shares were traded during mid-day trading, a decline of 61% from the average daily volume of 915,431 shares. The stock had previously closed at GBX 124.20.

Funding Circle Trading Down 1.3%

The company has a debt-to-equity ratio of 35.11, a quick ratio of 3.33 and a current ratio of 2.58. The stock has a market capitalization of £358.13 million, a PE ratio of 17.51 and a beta of 1.02. The stock has a 50-day moving average price of GBX 125.87 and a two-hundred day moving average price of GBX 126.12.

Funding Circle (LON:FCH) last announced its quarterly earnings data on Thursday, September 4th. The company reported GBX 1.90 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, equities analysts forecast that Funding Circle Holdings plc will post 0.0797592 earnings per share for the current year.

Insider Activity

In other news, insider Ken Stannard bought 202,589 shares of the stock in a transaction dated Friday, September 12th. The stock was purchased at an average cost of GBX 123 per share, for a total transaction of £249,184.47. Also, insider Lisa Jacobs sold 237,700 shares of the business’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of GBX 135, for a total transaction of £320,895. Insiders own 5.12% 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.