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 firm’s stock in a transaction that occurred on 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 Trading Down 0.4 %

Shares of Funding Circle stock opened at GBX 137.50 ($1.84) on Wednesday. The stock has a market capitalization of £432.12 million, a P/E ratio of 98.92 and a beta of 1.02. The company has a 50-day simple moving average of GBX 112.89 and a 200 day simple moving average of GBX 88.51. The company has a quick ratio of 3.33, a current ratio of 2.58 and a debt-to-equity ratio of 35.11. Funding Circle Holdings plc has a 12-month low of GBX 25 ($0.33) and a 12-month 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.