Vanquis Banking Group (LON:VANQ) Stock Price Down 1.5% - Should You Sell?

Key Points

• Shares fell 1.5% to GBX 119 on Friday with about 195,685 shares traded, a 77% decline from the average daily volume of 858,218.
• Valuation and recent results: market cap £297.9M and a PE of 38.39, last quarterly EPS was GBX 5 while analysts forecast ~GBX 4.16 for the year, and the company shows low profitability (ROE 1.89%, net margin 1.87%).
• Business profile: an FTSE All-Share specialist bank serving roughly 1.75 million UK customers via Vanquis, Moneybarn and Snoop.

Vanquis Banking Group plc (LON:VANQ - Get Free Report) dropped 1.5% during trading on Friday . The company traded as low as GBX 119 and last traded at GBX 119. Approximately 195,685 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 858,218 shares. The stock had previously closed at GBX 120.80.

Vanquis Banking Group Stock Performance

The company has a market capitalization of £297.90 million, a PE ratio of 38.39 and a beta of 1.39. The stock has a 50 day moving average price of GBX 116.95 and a two-hundred day moving average price of GBX 116.40.

Vanquis Banking Group (LON:VANQ - Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The company reported GBX 5 EPS for the quarter. Vanquis Banking Group had a return on equity of 1.89% and a net margin of 1.87%. Sell-side analysts predict that Vanquis Banking Group plc will post 4.1557331 earnings per share for the current year.

About Vanquis Banking Group

We're Vanquis Banking Group plc, an FTSE All Share company and a leading specialist bank, established in 1880. We lend responsibly, providing tailored products and services to 1.75 million UK customers through Vanquis, Moneybarn, and Snoop. https://www.vanquisbankinggroup.com/shareholder-hub/investment-case/

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