Vanquis Banking Group (LON:VANQ) Stock Price Down 1.5% – Should You Sell?

Shares of Vanquis Banking Group plc (LON:VANQ) fell 1.5% during mid-day trading on Friday . The company 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).

Analyst Ratings Changes

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

Vanquis Banking Group Price Performance

The stock’s 50 day moving average price is GBX 46.64 and its two-hundred day moving average price is GBX 51.87. The firm has a market capitalization of £121.32 million, a price-to-earnings ratio of -473.00 and a beta of 1.45.

Vanquis Banking Group Company Profile

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.