GLI Finance (LON:GLIF) Stock Passes Below Two Hundred Day Moving Average – Here’s Why

GLI Finance Limited (LON:GLIFGet Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2.62 ($0.03) and traded as low as GBX 2.62 ($0.03). GLI Finance shares last traded at GBX 2.62 ($0.03), with a volume of 895,465 shares traded.

GLI Finance Stock Performance

The stock has a market cap of £12.83 million and a price-to-earnings ratio of -0.57. The business has a 50-day simple moving average of GBX 2.62 and a two-hundred day simple moving average of 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.

About GLI Finance

(Get Free Report)

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.

Further Reading

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