GLI Finance (LON:GLIF) Stock Crosses Below Two Hundred Day Moving Average of $4.80

GLI Finance Ltd (LON:GLIF) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $4.80 and traded as low as $3.43. GLI Finance shares last traded at $3.44, with a volume of 38,647 shares changing hands.

Separately, Liberum Capital cut their target price on GLI Finance from GBX 9.90 ($0.13) to GBX 9.40 ($0.12) and set a “buy” rating on the stock in a report on Wednesday, May 29th.

The stock has a market capitalization of $10.40 million and a price-to-earnings ratio of -0.45. The company has a fifty day simple moving average of GBX 4.05 and a 200 day simple moving average of GBX 4.80. The company has a debt-to-equity ratio of 112.97, a quick ratio of 2.42 and a current ratio of 2.59.

About GLI Finance (LON:GLIF)

GLI Finance Limited provides finance to small and medium sized enterprises (SMEs). The Company’s objective is to produce a stable and predictable dividend yield, with long-term preservation of net asset value, and its investment policy is to invest primarily in senior secured loans. The Company provides loans to SMEs through various finance platforms.

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