GLI Finance (LON:GLIF) Share Price Passes Below 200 Day Moving Average – Here’s Why

GLI Finance Limited (LON:GLIF)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred 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.

GLI Finance Stock Performance

The firm has a market capitalization of £12.83 million and a P/E ratio of -0.57. 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 stock’s 50 day moving average is GBX 2.62 and its two-hundred day moving average is GBX 2.62.

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.