GLI Finance (LON:GLIF) had its price target decreased by Liberum Capital from GBX 9.40 ($0.12) to GBX 6.20 ($0.08) in a research note issued to investors on Wednesday, Digital Look reports. Liberum Capital currently has a buy rating on the stock.

GLIF opened at GBX 2.55 ($0.03) on Wednesday. The stock has a market cap of $7.80 million and a PE ratio of -0.34. The company has a quick ratio of 2.42, a current ratio of 2.59 and a debt-to-equity ratio of 112.97. The business has a 50 day moving average of GBX 3.58 and a 200-day moving average of GBX 4.52. GLI Finance has a 52 week low of GBX 3.30 ($0.04) and a 52 week high of GBX 9 ($0.12).

GLI Finance Company Profile

GLI Finance Limited provides finance to small and medium sized enterprises (SMEs). The Company’s objective is to produce a stable and predictable dividend yield, with long-term preservation of net asset value, and its investment policy is to invest primarily in senior secured loans. The Company provides loans to SMEs through various finance platforms.

Featured Article: What is meant by a buy rating?

Receive News & Ratings for GLI Finance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GLI Finance and related companies with MarketBeat.com's FREE daily email newsletter.