The stock of P2P Global Investments PLC (LON:P2P) is a huge mover today! The stock decreased 1.33% or GBX 9.96 on November 29, hitting GBX 740.04. About 110,291 shares traded hands or 2.19% up from the average. P2P Global Investments PLC (LON:P2P) has declined 25.04% since May 2, 2016 and is downtrending. It has underperformed by 30.30% the S&P500.
The move comes after 6 months negative chart setup for the GBX 628.02M company. It was reported on Nov, 29 by Barchart.com. We have GBX 680.84 PT which if reached, will make LON:P2P worth GBX 50.24 million less.
P2P Global Investments PLC (LON:P2P) Ratings Coverage
Out of 2 analysts covering P2p Global Investments Plc (LON:P2P), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. P2p Global Investments Plc has been the topic of 6 analyst reports since September 1, 2015 according to StockzIntelligence Inc. The company was maintained on Tuesday, July 26 by Liberum Capital. The stock of P2P Global Investments PLC (LON:P2P) has “Hold” rating given on Wednesday, July 27 by Jefferies. The rating was maintained by Jefferies with “Hold” on Wednesday, September 28. The rating was maintained by Liberum Capital on Friday, November 27 with “Buy”. The rating was maintained by Jefferies on Monday, March 7 with “Hold”. The firm earned “Buy” rating on Tuesday, September 1 by Liberum Capital.
Another recent and important P2P Global Investments PLC (LON:P2P) news was published by Bloomberg.com which published an article titled: “Europe’s First ABS of Peer-to-Peer Consumer Loans Nears Sale” on September 21, 2016.
P2P Global Investments plc is a United Kingdom firm that invests in credit assets originated by peer to peer platforms and other originators of alternative assets across the globe. The company has a market cap of 628.02 million GBP. The Company’s investment objectives are to provide shareholders with an attractive level of dividend income and capital growth through exposure to investments in alternative finance and related instruments; achieve investment diversification across platforms, geographies, asset classes and credit grades, and allow the shareholders to share the equity upside by investing over 10% of gross assets in equity or equity linked securities issued by platforms. It has a 20.59 P/E ratio. The Firm invests in consumer loans, small and medium-sized enterprise loans, corporate loans, and advances and loans against corporate trade receivables and other assets.
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