Funding Circle (FCH) Trading Down 8.2%

Funding Circle Holdings PLC (LON:FCH) shares fell 8.2% on Friday . The stock traded as low as GBX 308 ($4.02) and last traded at GBX 315 ($4.12). 324,554 shares traded hands during trading, an increase of ∞ from the average session volume of 0 shares. The stock had previously closed at GBX 343 ($4.48).

Several brokerages have recently weighed in on FCH. Barclays began coverage on shares of Funding Circle in a research note on Thursday, January 31st. They set an “equal weight” rating and a GBX 338 ($4.42) price target on the stock. Numis Securities restated a “buy” rating and issued a GBX 523 ($6.83) price objective on shares of Funding Circle in a research note on Wednesday, December 19th.

The firm has a market cap of $1.09 billion and a PE ratio of -17.31.

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About Funding Circle (LON:FCH)

Funding Circle Holdings Limited, through its subsidiaries, provides online lending platforms in the United Kingdom, the United States, Germany, and the Netherlands. Its platforms allow investors, such as retail investors, banks, asset management companies, insurance companies, and government-backed entities and funds to provide business loans for small and medium sized businesses.

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