VPC Specialty Lending Investments (LON:VSL) Shares Down 0.5% – Here’s Why

Shares of VPC Specialty Lending Investments (LON:VSL) traded down 0.5% on Thursday . The stock traded as low as GBX 29.43 ($0.37) and last traded at GBX 29.60 ($0.37). 156,384 shares changed hands during trading, a decline of 35% from the average session volume of 240,454 shares. The stock had previously closed at GBX 29.75 ($0.38).

VPC Specialty Lending Investments Stock Up 0.5 %

The company has a 50-day moving average of GBX 35.80 and a 200-day moving average of GBX 40.67. The company has a current ratio of 180.07, a quick ratio of 28.78 and a debt-to-equity ratio of 27.60. The company has a market capitalization of £82.79 million, a price-to-earnings ratio of -330.56 and a beta of 0.58.

VPC Specialty Lending Investments Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, November 21st will be given a GBX 1.34 ($0.02) dividend. This represents a dividend yield of 3.39%. The ex-dividend date is Thursday, November 21st. VPC Specialty Lending Investments’s payout ratio is currently -8,888.89%.

VPC Specialty Lending Investments Company Profile

VPC Specialty Lending Investments Plc specializes in opportunities within the specialty lending market primarily through online lending platforms.