P2P Global Investments (LON:P2P) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

P2P Global Investments PLC (LON:P2PGet Free Report)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 826 ($10.75) and traded as high as GBX 828 ($10.78). P2P Global Investments shares last traded at GBX 826 ($10.75), with a volume of 23,968 shares trading hands.

P2P Global Investments Price Performance

The company has a current ratio of 68.62, a quick ratio of 10.04 and a debt-to-equity ratio of 51.73. The firm has a market cap of £617.42 million and a price-to-earnings ratio of 20.91. The stock has a 50-day moving average of GBX 826 and a two-hundred day moving average of GBX 826.

About P2P Global Investments

(Get Free Report)

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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