Vanquis Banking Group plc (LON:VANQ - Get Free Report) shares were down 10.7% on Monday . The company traded as low as GBX 57.57 ($0.78) and last traded at GBX 88.40 ($1.19). Approximately 771,709 shares traded hands during mid-day trading, a decline of 5% from the average daily volume of 812,003 shares. The stock had previously closed at GBX 99 ($1.33).
Wall Street Analyst Weigh In
A number of analysts have weighed in on the company. Canaccord Genuity Group lifted their price target on Vanquis Banking Group from GBX 66 ($0.89) to GBX 83 ($1.12) and gave the stock a "speculative buy" rating in a report on Friday, May 2nd. Shore Capital reaffirmed a "house stock" rating on shares of Vanquis Banking Group in a research report on Friday, March 14th.
Read Our Latest Research Report on VANQ
Vanquis Banking Group Price Performance
The firm has a market cap of £230.25 million, a price-to-earnings ratio of -7.37 and a beta of 1.45. The stock has a 50-day moving average price of GBX 76.64 and a 200 day moving average price of GBX 60.98.
Vanquis Banking Group Company Profile
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