TruFin (LON:TRU) Stock Price Up 0.4% - What's Next?

Key Points

• TruFin plc's stock price increased by 0.4% to GBX 115 ($1.55), with a significant trading volume of over 1.2 million shares, representing a 489% increase compared to its average daily volume.
• The company has a market capitalization of £117.39 million and shows a high PE ratio of 2,738.10, indicating potential volatility in its earnings relative to its stock price.
• TruFin operates in various sectors including niche lending, early payment services, and video game publishing, divided into four segments: Short Term Finance, Payment Services, Publishing, and Other.

TruFin plc (LON:TRU - )'s stock price rose 0.4% during mid-day trading on Thursday . The company traded as high as GBX 115 ($1.55) and last traded at GBX 115 ($1.55). Approximately 1,202,306 shares changed hands during trading, an increase of 489% from the average daily volume of 204,110 shares. The stock had previously closed at GBX 114.50 ($1.54).

TruFin Price Performance

The company has a debt-to-equity ratio of 10.51, a current ratio of 1.85 and a quick ratio of 3.55. The company has a market capitalization of £117.39 million, a PE ratio of 2,738.10 and a beta of 1.06. The stock's 50 day simple moving average is GBX 106.84 and its 200-day simple moving average is GBX 91.10.

About TruFin

TruFin plc provides niche lending, early payment services, and video game publishing in the United Kingdom. It operates through four segments: Short Term Finance, Payment Services, Publishing, and Other. The company also engages in provision of distribution finance products, and invoice discounting; early payment programme, payment control, and market insight services; publishing of video games; and investment activities.

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