Vanquis Banking Group (LON:VANQ) Trading Down 1.5% – Here’s What Happened

Vanquis Banking Group plc (LON:VANQ)’s stock price traded down 1.5% on Friday . The stock traded as low as GBX 47 ($0.59) and last traded at GBX 47.30 ($0.59). 902,071 shares changed hands during trading, a decline of 25% from the average session volume of 1,199,943 shares. The stock had previously closed at GBX 48 ($0.60).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “house stock” rating on shares of Vanquis Banking Group in a report on Thursday, November 7th.

Vanquis Banking Group Stock Performance

The firm has a market cap of £121.32 million, a price-to-earnings ratio of -473.00 and a beta of 1.45. The stock has a 50-day moving average of GBX 46.64 and a 200-day moving average of GBX 51.87.

About Vanquis Banking Group

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.