Funding Circle Holdings plc (LON:FCH)’s share price shot up 6.2% during mid-day trading on Wednesday . The company traded as high as GBX 140.20 ($1.83) and last traded at GBX 138 ($1.80). 148,083 shares were traded during trading, a decline of 54% from the average session volume of 318,731 shares. The stock had previously closed at GBX 130 ($1.70).
Separately, Barclays increased their target price on shares of Funding Circle from GBX 125 ($1.63) to GBX 140 ($1.83) and gave the stock an “equal weight” rating in a report on Monday, June 14th.
The company has a market capitalization of £491.09 million and a PE ratio of -4.42. The company has a debt-to-equity ratio of 239.25, a quick ratio of 1.28 and a current ratio of 1.29. The company has a fifty day moving average price of GBX 153.67.
Funding Circle Company Profile (LON:FCH)
Funding Circle Holdings plc, together with its subsidiaries, provides online lending platforms in the United Kingdom, the United States, and internationally. Its platforms originate small and medium enterprises loans through asset management companies, government-backed entities, public and private funds, individuals, banks, other institutional investors, national entities, and retail investors, as well as provide business loans for small and medium sized businesses.
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