P2P Global Investments (LON:P2P) Stock Passes Below Two Hundred Day Moving Average – What’s Next?

P2P Global Investments PLC (LON:P2PGet Free Report)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 826 ($10.72) and traded as low as GBX 822 ($10.67). P2P Global Investments shares last traded at GBX 826 ($10.72), with a volume of 23,968 shares traded.

P2P Global Investments Stock Performance

The stock has a market cap of £617.42 million and a P/E ratio of 20.91. The company has a debt-to-equity ratio of 51.73, a quick ratio of 10.04 and a current ratio of 68.62. The firm’s 50 day moving average is GBX 826 and its 200 day moving average is GBX 826.

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.

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