P2P Global Investments (LON:P2P) Shares Pass Above 50 Day Moving Average of $826.00

P2P Global Investments PLC (LON:P2P)’s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 826 ($10.20) and traded as high as GBX 828 ($10.23). P2P Global Investments shares last traded at GBX 826 ($10.20), with a volume of 23,968 shares changing hands.

P2P Global Investments Price Performance

The stock has a market cap of £617.42 million and a PE ratio of 20.91. The business has a fifty day simple moving average of GBX 826 and a two-hundred day simple moving average of GBX 826. The company has a current ratio of 68.62, a quick ratio of 10.04 and a debt-to-equity ratio of 51.73.

P2P Global Investments Company Profile

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.