GLI Finance Ltd (LON:GLIF) insider Aaron Le Cornu acquired 150,000 shares of the company’s stock in a transaction dated Thursday, January 11th. The stock was bought at an average cost of GBX 8 ($0.11) per share, for a total transaction of £12,000 ($16,273.39).
GLI Finance Ltd (LON:GLIF) opened at GBX 9.35 ($0.13) on Friday. The firm has a market cap of $37.54 and a PE ratio of -116.88. GLI Finance Ltd has a 1 year low of GBX 8 ($0.11) and a 1 year high of GBX 28.25 ($0.38).
Separately, Liberum Capital dropped their price objective on shares of GLI Finance from GBX 24 ($0.33) to GBX 16.50 ($0.22) and set a “hold” rating on the stock in a research report on Monday, September 25th.
About GLI Finance
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.
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