Vanquis Banking Group (LON:VANQ) Stock Price Down 0.4%

Vanquis Banking Group plc (LON:VANQ)’s stock price traded down 0.4% during trading on Thursday . The stock traded as low as GBX 48.58 ($0.61) and last traded at GBX 49.05 ($0.62). 1,360,324 shares were traded during mid-day trading, a decline of 2% from the average session volume of 1,392,424 shares. The stock had previously closed at GBX 49.25 ($0.62).

Analyst Upgrades and Downgrades

VANQ has been the topic of several research reports. Shore Capital reissued a “house stock” rating on shares of Vanquis Banking Group in a research report on Wednesday, March 27th. Barclays reduced their price target on shares of Vanquis Banking Group from GBX 190 ($2.39) to GBX 140 ($1.76) and set an “overweight” rating on the stock in a research report on Tuesday, March 12th.

Vanquis Banking Group Stock Performance

The stock has a market capitalization of £127.21 million, a P/E ratio of -2,452.50 and a beta of 1.36. The stock has a 50 day moving average of GBX 58.60 and a 200 day moving average of GBX 98.25.

Vanquis Banking Group Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, May 30th. Shareholders of record on Thursday, April 18th will be paid a dividend of GBX 1 ($0.01) per share. This represents a yield of 1.95%. The ex-dividend date of this dividend is Thursday, April 18th. Vanquis Banking Group’s payout ratio is -30,000.00%.

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.