Samir Desai Sells 4,000,000 Shares of Funding Circle Holdings plc (LON:FCH) Stock

Funding Circle Holdings plc (LON:FCH) insider Samir Desai sold 4,000,000 shares of the business’s stock in a transaction dated Friday, September 27th. The stock was sold at an average price of GBX 125 ($1.67), for a total value of £5,000,000 ($6,688,068.49).

Funding Circle Price Performance

Shares of FCH stock opened at GBX 137.50 ($1.84) on Wednesday. The firm’s 50 day moving average price is GBX 112.89 and its two-hundred day moving average price is GBX 88.51. 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 cap of £432.12 million, a PE ratio of 98.92 and a beta of 1.02. Funding Circle Holdings plc has a 52-week low of GBX 25 ($0.33) and a 52-week high of GBX 144.34 ($1.93).

About Funding Circle

Funding Circle Holdings plc, together with its subsidiaries, provides online lending platforms in the United Kingdom, the United States, and internationally. The company offers small business loans, recovery loan schemes, and business finance solutions to small enterprises. It also provides flexipay and flexipay card solutions.