Vanquis Banking Group (LON:VANQ) Shares Down 1.8%

Shares of Vanquis Banking Group plc (LON:VANQ) fell 1.8% during mid-day trading on Monday . The company traded as low as GBX 59.30 ($0.79) and last traded at GBX 59.30 ($0.79). 419,123 shares were traded during mid-day trading, a decline of 68% from the average session volume of 1,295,257 shares. The stock had previously closed at GBX 60.40 ($0.81).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Vanquis Banking Group in a report on Thursday, August 1st.

Vanquis Banking Group Trading Down 1.8 %

The firm has a market capitalization of £152.09 million, a price-to-earnings ratio of -593.00 and a beta of 1.45. The stock has a fifty day moving average price of GBX 56.26 and a 200-day moving average price of GBX 53.46.

Vanquis Banking Group Company Profile

Vanquis Banking Group plc engages in the provision of personal credit products to the non-standard lending market in the United Kingdom and the Republic of Ireland. The company offers credit cards products, and unsecured personal loans products, as well as provides vehicle finance for cars, motorbikes, van, and light commercial vehicles.