Supply@ME Capital (LON:SYME) Shares Down 28.6% – Here’s What Happened

Supply@ME Capital plc (LON:SYME) was down 28.6% during mid-day trading on Tuesday . The company traded as low as GBX 0 ($0.00) and last traded at GBX 0.01 ($0.00). Approximately 597,731,750 shares were traded during mid-day trading, an increase of 62% from the average daily volume of 368,146,469 shares. The stock had previously closed at GBX 0.01 ($0.00).

Supply@ME Capital Price Performance

The stock has a market cap of £3.59 million, a PE ratio of -0.53 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.