RC365 (LON:RCGH) Stock Falls 12.5% – Time to Sell?

RC365 Holding plc (LON:RCGH)’s stock price was down 12.5% during trading on Thursday. The stock traded as low as GBX 6.30 and last traded at GBX 7. 18,522,643 shares were traded during mid-day trading, an increase of 782% from the average daily volume of 2,099,706 shares. The stock had previously closed at GBX 8.

RC365 Price Performance

The company has a market cap of £14.77 million, a PE ratio of -0.82 and a beta of 0.77. The business has a fifty day simple moving average of GBX 3.24 and a two-hundred day simple moving average of GBX 2.20.

RC365 Company Profile

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.