GLI Finance Ltd (LON:GLIF) shares hit a new 52-week low on Friday . The company traded as low as GBX 8 ($0.11) and last traded at GBX 8 ($0.11), with a volume of 271636 shares. The stock had previously closed at GBX 8 ($0.11).
Separately, Liberum Capital reaffirmed a “hold” rating and set a GBX 16.50 ($0.23) price objective on shares of GLI Finance in a report on Monday, January 29th.
The company has a market capitalization of $44.37 and a PE ratio of -109.38.
In other news, insider Emma Stubbs bought 681,818 shares of the firm’s stock in a transaction on Thursday, December 21st. The shares were bought at an average cost of GBX 11 ($0.15) per share, for a total transaction of £74,999.98 ($103,619.76). Also, insider Aaron Le Cornu bought 150,000 shares of the firm’s stock in a transaction on Thursday, January 11th. The shares were purchased at an average price of GBX 8 ($0.11) per share, for a total transaction of £12,000 ($16,579.17).
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.
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