GLI Finance (LON:GLIF) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

GLI Finance Limited (LON:GLIF) 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 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 has a 50-day moving average price of GBX 2.62 and a 200 day moving average price of GBX 2.62. The company has a market cap of £12.83 million and a price-to-earnings ratio of -0.57.

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.