Cornerstone FS (LON:CSFS) Trading Up 9.4% – Time to Buy?

Shares of Cornerstone FS plc (LON:CSFS) traded up 9.4% on Tuesday . The company traded as high as GBX 41 ($0.53) and last traded at GBX 40.46 ($0.52). 558,725 shares traded hands during mid-day trading, an increase of 51% from the average session volume of 369,528 shares. The stock had previously closed at GBX 37 ($0.48).

Cornerstone FS Stock Performance

The company has a current ratio of 1.24, a quick ratio of 0.28 and a debt-to-equity ratio of 548.48. The company has a market cap of £23.23 million, a P/E ratio of -1,011.50 and a beta of 1.71. The company has a 50 day moving average price of GBX 40.46 and a 200-day moving average price of GBX 38.53.

Cornerstone FS Company Profile

Cornerstone FS plc provides international payment, currency risk management, and electronic account services using its proprietary cloud-based multicurrency payments platform. The company offers foreign currency exchange and payment services to individuals and businesses. It also offers various lending options, such as import and export, invoice, bridging, asset, property, equity, grant funding, as well as unsecured lending services.