RC365 (LON:RCGH) Trading Up 3.2% – Here’s Why

RC365 Holding plc (LON:RCGH)’s share price rose 3.2% during mid-day trading on Friday . The company traded as high as GBX 2.59 and last traded at GBX 2.58. 1,012,533 shares traded hands during mid-day trading, a decline of 39% from the average session volume of 1,656,199 shares. The stock had previously closed at GBX 2.50.

RC365 Stock Performance

The business has a 50-day simple moving average of GBX 2.48 and a two-hundred day simple moving average of GBX 1.82. The stock has a market cap of £5.44 million, a price-to-earnings ratio of -0.30 and a beta of 0.76.

About RC365

RC365 Holding plc (LSE: RCGH) is a United Kingdom-based payment solutions and financial technology group focused on building secure, efficient and scalable financial infrastructure for individuals, SMEs, merchants and multinational corporations.

Incorporated in the UK on 24 March 2021, RC365 is the holding company of Regal Crown Technology Limited, a Hong Kong-founded fintech solutions provider established in 2013, and the parent of RCPAY Limited, the Group’s customer-facing operating brand across the UK and Europe.

The Group operates an integrated fintech ecosystem that unifies account services, card issuance, payment collection, settlement and wealth management within a single connected platform.