GLI Finance (LON:GLIF) Shares Pass Below Two Hundred Day Moving Average of $2.62

GLI Finance Limited (LON:GLIF – Get Rating)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2.62 ($0.03) and traded as low as GBX 2.62 ($0.03). GLI Finance shares last traded at GBX 2.62 ($0.03), with a volume of 895,465 shares changing hands.

The stock has a market cap of £12.83 million and a price-to-earnings ratio of -0.57. The company has a current ratio of 22.19, a quick ratio of 21.90 and a debt-to-equity ratio of 237.70. The firm has a fifty day simple moving average of GBX 2.62 and a 200 day simple moving average of GBX 2.62.

About GLI Finance (LON:GLIF)

GLI Finance Limited provides alternative finance services. The company operates in two segments, Sancus BMS and FinTech Ventures. It offers property backed and small and medium sized enterprise loans. The company also invests in a portfolio of SME focused lending platforms. It operates in the United Kingdom, Ireland, Jersey, Guernsey, Gibraltar, Isle of Man, the United States, France, Spain, and Cameroon.

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