Funding Circle (OTCMKTS:FDCHF) Trading 100% Higher – Here’s Why

Funding Circle Holdings plc (OTCMKTS:FDCHFGet Free Report)’s share 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 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 firm has a 50-day simple moving average of $2.22 and a two-hundred day simple moving average of $2.14.

Funding Circle Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Funding Circle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Funding Circle and related companies with MarketBeat.com's FREE daily email newsletter.