Vanquis Banking Group (LON:VANQ) Trading Down 3.1%

Vanquis Banking Group plc (LON:VANQ)’s share price fell 3.1% during mid-day trading on Friday . The stock traded as low as GBX 53.80 ($0.71) and last traded at GBX 53.80 ($0.71). 432,108 shares were traded during trading, a decline of 68% from the average session volume of 1,335,597 shares. The stock had previously closed at GBX 55.50 ($0.73).

Analyst Upgrades and Downgrades

Several research firms have weighed in on VANQ. Shore Capital reiterated a “house stock” rating on shares of Vanquis Banking Group in a report on Thursday, August 1st. Canaccord Genuity Group upgraded Vanquis Banking Group to a “speculative buy” rating and decreased their price objective for the company from GBX 123 ($1.62) to GBX 66 ($0.87) in a report on Monday, May 13th.

Vanquis Banking Group Trading Down 3.1 %

The firm’s fifty day moving average is GBX 54.10 and its 200-day moving average is GBX 60.55. The stock has a market capitalization of £137.99 million, a PE ratio of -538.00 and a beta of 1.45.

About Vanquis Banking Group

Vanquis Banking Group plc engages in the provision of personal credit products to the non-standard lending market in the United Kingdom and the Republic of Ireland. The company offers credit cards products, and unsecured personal loans products, as well as provides vehicle finance for cars, motorbikes, van, and light commercial vehicles.