VPC Specialty Lending Investments (LON:VSL) Trading Down 11.3% – Here’s Why

VPC Specialty Lending Investments (LON:VSL) shares traded down 11.3% during mid-day trading on Monday . The company traded as low as GBX 27.42 ($0.34) and last traded at GBX 27.75 ($0.35). 888,308 shares were traded during trading, an increase of 272% from the average session volume of 238,620 shares. The stock had previously closed at GBX 31.30 ($0.39).

VPC Specialty Lending Investments Stock Down 0.4 %

The firm’s 50 day moving average price is GBX 34.42 and its two-hundred day moving average price is GBX 39.90. The firm has a market capitalization of £76.53 million, a PE ratio of -305.56 and a beta of 0.58. The company has a quick ratio of 28.78, a current ratio of 180.07 and a debt-to-equity ratio of 27.60.

VPC Specialty Lending Investments Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 19th. Shareholders of record on Thursday, November 21st were paid a dividend of GBX 1.34 ($0.02) per share. The ex-dividend date of this dividend was Thursday, November 21st. This represents a yield of 3.39%. VPC Specialty Lending Investments’s dividend payout ratio (DPR) is -8,888.89%.

About VPC Specialty Lending Investments

VPC Specialty Lending Investments Plc specializes in opportunities within the specialty lending market primarily through online lending platforms.