GLI Finance (LON:GLIF) had its price target lowered by stock analysts at Liberum Capital from GBX 9.90 ($0.13) to GBX 9.40 ($0.12) in a research note issued to investors on Wednesday, May 29th, LSE.Co.UK reports. The firm currently has a “buy” rating on the stock. Liberum Capital’s price target points to a potential upside of 113.64% from the company’s current price.
Shares of GLI Finance stock remained flat at $GBX 4.40 ($0.06) during trading hours on Wednesday. 97,306 shares of the stock were exchanged, compared to its average volume of 130,593. GLI Finance has a 12-month low of GBX 4.10 ($0.05) and a 12-month high of GBX 9.50 ($0.12). The company has a debt-to-equity ratio of 112.97, a quick ratio of 2.42 and a current ratio of 2.59. The company has a market cap of $13.46 million and a P/E ratio of -0.58.
About GLI Finance
GLI Finance Limited provides finance to small and medium sized enterprises (SMEs). The Company’s objective is to produce a stable and predictable dividend yield, with long-term preservation of net asset value, and its investment policy is to invest primarily in senior secured loans. The Company provides loans to SMEs through various finance platforms.
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