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Vanquis Banking Group (LON:VANQ) Trading Down 15% - Here's What Happened

Vanquis Banking Group logo with Financial Services background
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Vanquis Banking Group plc (LON:VANQ - Get Free Report) shares traded down 15% on Friday . The company traded as low as GBX 42.65 ($0.55) and last traded at GBX 46.65 ($0.61). 2,618,465 shares traded hands during trading, an increase of 186% from the average session volume of 916,926 shares. The stock had previously closed at GBX 54.90 ($0.71).

Wall Street Analyst Weigh In

Separately, Shore Capital restated a "house stock" rating on shares of Vanquis Banking Group in a research report on Friday.

Check Out Our Latest Report on Vanquis Banking Group

Vanquis Banking Group Stock Up 5.5 %

The stock has a market capitalization of £145.05 million, a price-to-earnings ratio of -4.64 and a beta of 1.45. The business's 50-day moving average is GBX 53.59 and its two-hundred day moving average is GBX 51.35.

Vanquis Banking Group (LON:VANQ - Get Free Report) last issued its earnings results on Friday, March 14th. The company reported GBX (9.70) (($0.13)) EPS for the quarter. Vanquis Banking Group had a negative return on equity of 5.64% and a negative net margin of 6.88%. As a group, analysts forecast that Vanquis Banking Group plc will post 4.1557331 EPS for the current fiscal year.

About Vanquis Banking Group

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