Funding Circle (OTCMKTS:FDCHF) Trading Up 100% – Should You Buy?

Funding Circle Holdings plc (OTCMKTS:FDCHFGet Free Report)’s stock price rose 100% during trading on Tuesday . The company traded as high as $3.20 and last traded at $3.20. 500 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 3,433 shares. The stock had previously closed at $1.60.

Funding Circle Price Performance

The business has a 50-day moving average of $2.20 and a 200 day moving average of $2.13.

Funding Circle Company Profile

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Funding Circle (OTCMKTS:FDCHF) operates an online lending marketplace that connects small and medium-sized enterprises (SMEs) seeking financing with individual and institutional investors. The company’s platform provides a streamlined digital experience for loan applications, underwriting, and repayments, leveraging data-driven credit assessments to facilitate access to working capital and term financing for businesses.

Founded in 2010 in London by Samir Desai, James Meekings and Andrew Mullinger, Funding Circle has grown into one of the leading peer-to-peer lending platforms globally.

Further Reading

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