Blackstone Loan Financing (LON:BGLF) Stock Price Crosses Below Fifty Day Moving Average of $0.69

Blackstone Loan Financing Limited (LON:BGLF) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 0.69 ($0.01) and traded as low as GBX 0.66 ($0.01). Blackstone Loan Financing shares last traded at GBX 0.66 ($0.01), with a volume of 721,260 shares trading hands.

Blackstone Loan Financing Price Performance

The company has a current ratio of 528.21, a quick ratio of 439.38 and a debt-to-equity ratio of 0.67. The business has a fifty day simple moving average of GBX 0.69 and a two-hundred day simple moving average of GBX 0.64. The company has a market cap of £3.02 million, a PE ratio of 5.09 and a beta of 0.72.

Blackstone Loan Financing Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Thursday, August 1st were given a dividend of €0.02 ($0.03) per share. This represents a yield of 3.36%. The ex-dividend date was Thursday, August 1st. Blackstone Loan Financing’s payout ratio is 6,923.08%.

About Blackstone Loan Financing

Blackstone/GSO Loan Financing Ltd is an internally managed investment fund. it invests in floating rate senior secured loans directly and indirectly through CLO Securities. Blackstone/GSO Loan Financing Ltd was founded in 2014 and is domiciled in Jersey, Channel Islands.