P2P Global Investments (LON:P2P) Stock Passes Below 50-Day Moving Average of $826.00

Shares of P2P Global Investments PLC (LON:P2PGet Rating) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 826 ($9.98) and traded as low as GBX 822 ($9.93). P2P Global Investments shares last traded at GBX 826 ($9.98), with a volume of 23,968 shares.

P2P Global Investments Price Performance

The stock’s 50-day moving average price is GBX 826 and its 200-day moving average price is GBX 826. The company has a market capitalization of ¬£617.42 million and a price-to-earnings ratio of 20.91. The company has a quick ratio of 10.04, a current ratio of 68.62 and a debt-to-equity ratio of 51.73.

About P2P Global Investments

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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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