CIP Merchant Capital (LON:CIP) Shares Down 1%
CIP Merchant Capital Ltd (LON:CIP)’s stock price fell 1% during trading on Monday . The company traded as low as GBX 46.25 ($0.57) and last traded at GBX 48 ($0.59), 7,535 shares traded hands during mid-day trading. The stock had previously closed at GBX 48.50 ($0.60).
The business has a fifty day moving average of GBX 50.07 and a 200 day moving average of GBX 50.18. The stock has a market cap of $27.39 million and a price-to-earnings ratio of -8.00.
CIP Merchant Capital Company Profile (LON:CIP)
CIP Merchant Capital Limited specializes in growth capital and intends to invest in listed equity and other financial products and instruments. It focuses on investing in oil and gas, healthcare, pharmaceutical, and real estate sectors. It seeks investments in concentrated portfolio of significant holdings in approximately 5 to 10 publically traded companies, with a focus on UK markets.
See Also: What is a put option?
Receive News & Ratings for CIP Merchant Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CIP Merchant Capital and related companies with MarketBeat.com's FREE daily email newsletter.