Supply@ME Capital (LON:SYME) Stock Price Up 25% – Here’s Why

Supply@ME Capital plc (LON:SYME)’s stock price shot up 25% during trading on Wednesday . The company traded as high as GBX 0.01 and last traded at GBX 0.01. 106,952,641 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 1,426,743,250 shares. The stock had previously closed at GBX 0.

Supply@ME Capital Stock Up 25.0%

The stock has a market capitalization of £3.59 million, a price-to-earnings ratio of -1.52 and a beta of 4.56.

About Supply@ME Capital

Supply@ME Capital plc is a fintech primed to expand globally, by providing a new, innovative, much needed solution to a longstanding problem which has impeded business’ growth, by providing access to funding to monetise their inventory.

Supply@ME helps businesses which hold non perishable stock, from heavy manufacturing and chemicals to high fashion and luxury goods, improve their cashflow and unlock working capital.

Its platform enables businesses to alleviate the cost of unsold inventory in warehouses or in transit, by offering more funds at a more competitive rate than traditional financing solutions.