P2P Global Investments (LON:P2P) Stock Price Passes Above 50-Day Moving Average – Here’s Why

P2P Global Investments PLC (LON:P2PGet Free Report)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 826 ($10.41) and traded as high as GBX 828 ($10.43). P2P Global Investments shares last traded at GBX 826 ($10.41), with a volume of 23,968 shares.

P2P Global Investments Stock Performance

The firm has a market cap of £617.42 million and a P/E ratio of 20.91. The stock has a fifty day simple moving average of GBX 826 and a 200 day simple moving average of GBX 826. The company has a debt-to-equity ratio of 51.73, a quick ratio of 10.04 and a current ratio of 68.62.

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.

Further Reading

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