GLI Finance (LON:GLIF) Shares Down 4.7% – What’s Next?

GLI Finance Limited (LON:GLIF)’s stock price fell 4.7% during mid-day trading on Wednesday . The company traded as low as GBX 2.62 ($0.03) and last traded at GBX 2.62 ($0.03). 895,465 shares traded hands during mid-day trading, an increase of 346% from the average session volume of 200,855 shares. The stock had previously closed at GBX 2.75 ($0.03).

GLI Finance Trading Down 4.7 %

The firm’s 50-day simple moving average is GBX 2.62 and its 200 day simple moving average is GBX 2.62. The company has a debt-to-equity ratio of 237.70, a current ratio of 22.19 and a quick ratio of 21.90. The firm has a market capitalization of £12.83 million and a price-to-earnings ratio of -0.57.

GLI Finance Company Profile

GLI Finance Limited provides alternative finance services. The company operates in two segments, Sancus BMS and FinTech Ventures. It offers property backed and small and medium sized enterprise loans. The company also invests in a portfolio of SME focused lending platforms. It operates in the United Kingdom, Ireland, Jersey, Guernsey, Gibraltar, Isle of Man, the United States, France, Spain, and Cameroon.