The stock of VPC Specialty Lending Investments PLC (LON:VSL) hit a new 52-week low and has GBX 64.35 target or 10.00% below today’s GBX 71.50 share price. The 9 months bearish chart indicates high risk for the GBX company. The 1-year low was reported on Nov, 15 by Barchart.com. If the GBX 64.35 price target is reached, the company will be worth GBX less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. The stock decreased 3.38% or GBX 2.5 on November 15, hitting GBX 71.5. About 184,675 shares traded hands or 22.20% up from the average. VPC Specialty Lending Investments PLC (LON:VSL) has declined 24.35% since April 18, 2016 and is downtrending. It has underperformed by 28.28% 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. As per Wednesday, November 4, the company rating was maintained by Jefferies.
Another recent and important VPC Specialty Lending Investments PLC (LON:VSL) news was published by Wsj.com which published an article titled: “Brexit Vote May Sting Online Lenders” on June 27, 2016.
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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