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

Funding Circle Holdings plc (LON:FCH) insider Samir Desai sold 4,000,000 shares of the company’s stock in a transaction 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 ($6,695,232.99).

Funding Circle Stock Performance

LON FCH traded up GBX 7.50 ($0.10) during trading hours on Monday, hitting GBX 138 ($1.85). 1,262,902 shares of the stock were exchanged, compared to its average volume of 1,313,307. The company has a market cap of £433.69 million, a price-to-earnings ratio of 93.88 and a beta of 1.02. Funding Circle Holdings plc has a 12-month low of GBX 25 ($0.33) and a 12-month high of GBX 139 ($1.86). The stock has a 50-day moving average of GBX 111.78 and a 200 day moving average of GBX 87.25. 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 Company Profile

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.