Virgin Money UK (LON:VMUK) Stock Price Down 0.2%

Shares of Virgin Money UK PLC (LON:VMUK) dropped 0.2% during trading on Wednesday . The company traded as low as GBX 215.60 ($2.83) and last traded at GBX 215.60 ($2.83). Approximately 1,565,171 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 3,833,339 shares. The stock had previously closed at GBX 216 ($2.84).

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Virgin Money UK in a research report on Tuesday, May 14th.

Virgin Money UK Price Performance

The stock has a 50-day moving average of GBX 215 and a 200 day moving average of GBX 209.13. The company has a market cap of £2.82 billion, a P/E ratio of 937.39, a PEG ratio of 5.13 and a beta of 1.89.

Virgin Money UK Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, July 30th. Stockholders of record on Thursday, June 27th were paid a GBX 2 ($0.03) dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a dividend yield of 0.93%. Virgin Money UK’s payout ratio is 1,739.13%.

Insider Buying and Selling at Virgin Money UK

In other Virgin Money UK news, insider David Duffy sold 6,683 shares of the firm’s stock in a transaction that occurred on Thursday, June 20th. The shares were sold at an average price of GBX 215 ($2.83), for a total value of £14,368.45 ($18,893.43). Company insiders own 18.31% of the company’s stock.

Virgin Money UK Company Profile

Virgin Money UK PLC provides banking products and services for consumers, and small and medium sized businesses under the Clydesdale Bank, Yorkshire Bank, and Virgin Money brands in the United Kingdom. The company offers savings and current accounts, mortgages, credit cards, and home loans; business loans, overdraft facilities, treasury solutions, and corporate and structured finance; risk management; asset and invoice finance services; international trade services; and home, car, and life and critical illness insurance products.