P2P Global Investments (LON:P2P) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Shares of P2P Global Investments PLC (LON:P2PGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 826 ($10.79) and traded as low as GBX 822 ($10.73). P2P Global Investments shares last traded at GBX 826 ($10.79), with a volume of 23,968 shares trading hands.

P2P Global Investments Stock Down 0.2 %

The business’s 50 day simple moving average is GBX 826 and its 200 day simple moving average is GBX 826. The company has a current ratio of 68.62, a quick ratio of 10.04 and a debt-to-equity ratio of 51.73. The firm has a market capitalization of £617.42 million and a PE ratio of 20.91.

About P2P Global Investments

(Get Free Report)

P2P Global Investments PLC is a closed ended mutual fund launched and managed by Marshall Wace LLP. It is Co-managed by MW Eaglewood Europe LLP. The fund invests in fixed income markets. It primarily invests in consumer loans, SME loans, advances against corporate trade receivables and/or purchases of corporate trade receivables.

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