Supply@ME Capital (LON:SYME) Stock Price Down 16.7% – Should You Sell?

Supply@ME Capital plc (LON:SYME)’s share price fell 16.7% during mid-day trading on Wednesday . The stock traded as low as GBX 0.01 and last traded at GBX 0.01. 74,757,656 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 1,426,743,250 shares. The stock had previously closed at GBX 0.01.

Supply@ME Capital Price Performance

The firm has a market capitalization of £2.87 million, a PE ratio of -1.21 and a beta of 4.56.

Supply@ME Capital Company Profile

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.