VPC Specialty Lending Investments (LON:VSL) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

VPC Specialty Lending Investments (LON:VSL)’s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 31.47 ($0.38) and traded as low as GBX 26.24 ($0.32). VPC Specialty Lending Investments shares last traded at GBX 26.70 ($0.33), with a volume of 511,267 shares trading hands.

VPC Specialty Lending Investments Price Performance

The company has a debt-to-equity ratio of 27.60, a current ratio of 180.07 and a quick ratio of 28.78. The stock has a market cap of £73.47 million, a price-to-earnings ratio of -293.33 and a beta of 0.58. The business’s 50-day simple moving average is GBX 31.20 and its two-hundred day simple moving average is GBX 38.53.

VPC Specialty Lending Investments Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, November 21st were issued a dividend of GBX 1.34 ($0.02) per share. The ex-dividend date was Thursday, November 21st. This represents a dividend yield of 3.39%. VPC Specialty Lending Investments’s dividend payout ratio (DPR) is presently -8,888.89%.

About VPC Specialty Lending Investments

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