VPC Specialty Lending Investments (LON:VSL) Trading Down 0.5% - Here's Why

VPC Specialty Lending Investments (LON:VSL - Get Free Report) shares traded down 0.5% during mid-day trading on Thursday . The stock traded as low as GBX 29.43 ($0.37) and last traded at GBX 29.60 ($0.37). 156,384 shares traded hands during trading, a decline of 35% from the average session volume of 240,454 shares. The stock had previously closed at GBX 29.75 ($0.38).

VPC Specialty Lending Investments Stock Performance

The firm has a fifty day simple moving average of GBX 35.99 and a 200 day simple moving average of GBX 40.78. The company has a current ratio of 180.07, a quick ratio of 28.78 and a debt-to-equity ratio of 27.60. The stock has a market cap of £82.79 million, a price-to-earnings ratio of -331.72 and a beta of 0.58.

VPC Specialty Lending Investments Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, December 19th. Investors of record on Thursday, November 21st will be paid a GBX 1.34 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a dividend yield of 3.39%. VPC Specialty Lending Investments's payout ratio is -8,888.89%.

VPC Specialty Lending Investments Company Profile

VPC Specialty Lending Investments Plc specializes in opportunities within the specialty lending market primarily through online lending platforms.