The stock of VPC Specialty Lending Investments PLC (LON:VSL) reached all time low today, Nov, 4 and still has GBX 67.32 target or 12.00% below today’s GBX 76.50 share price. This indicates more downside for the GBX company. This technical setup was reported by Barchart.com. If the GBX 67.32 PT is reached, the company will be worth GBX less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only. The stock decreased 0.65% or GBX 0.5 on November 4, hitting GBX 76.5. About 142,027 shares traded hands. VPC Specialty Lending Investments PLC (LON:VSL) has declined 21.66% since April 7, 2016 and is downtrending. It has underperformed by 22.75% the S&P500.
VPC Specialty Lending Investments PLC (LON:VSL) Ratings Coverage
Out of 2 analysts covering Vpc Specialty Lending Investments Plc (LON:VSL), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Vpc Specialty Lending Investments Plc has been the topic of 2 analyst reports since November 4, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Jefferies given on Wednesday, November 4.
More news for VPC Specialty Lending Investments PLC (LON:VSL) were recently published by: Wsj.com, which released: “Brexit Vote May Sting Online Lenders” on June 27, 2016. Marketwired.com‘s article titled: “Next Edge Capital Corp. Announces the Second Closing of VPC Specialty Lending Fund” and published on November 10, 2015 is yet another important article.
VPC Specialty Lending Investments PLC is an investment trust that invests in opportunities in the alternative lending market through specialty lending platforms across the world and other related opportunities. The company has a market cap of GBP. This includes investing in assets originated by Platforms, as well as through floating rate senior secured credit facilities, equity or other instruments. It currently has negative earnings. The Company’s investment objectives are to generate an attractive total return for shareholders consisting of distributable income and capital growth through investments in specialty lending opportunities; achieve portfolio diversification across Platforms, geographies, borrower types, credit quality, loan structures and investment models, and enable its shareholders to benefit from equity upside through exposure to equity or equity-linked securities issued by Platforms.
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