GCP Asset Backed Income (LON:GABI) Announces Earnings Results

GCP Asset Backed Income (LON:GABIGet Free Report) announced its quarterly earnings data on Tuesday. The company reported GBX (1.30) EPS for the quarter, Digital Look Earnings reports. GCP Asset Backed Income had a negative net margin of 132.45% and a negative return on equity of 0.57%.

GCP Asset Backed Income Price Performance

GCP Asset Backed Income stock traded down GBX 1.50 during trading hours on Thursday, hitting GBX 59.30. The stock had a trading volume of 26,751 shares, compared to its average volume of 171,923. GCP Asset Backed Income has a 1-year low of GBX 59 and a 1-year high of GBX 76.52. The stock has a market capitalization of £63.06 million, a price-to-earnings ratio of -148.25 and a beta of 0.29. The stock’s fifty day moving average is GBX 61.89 and its two-hundred day moving average is GBX 63.01.

GCP Asset Backed Income Company Profile

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GCP Asset Backed Income Fund Limited (GCP Asset Backed) is a Jersey-incorporated, closed-ended investment company whose shares are traded on the main market of the London Stock Exchange.

Its objective is to provide shareholders with regular, growing distributions and modest capital appreciation over the long term through investment in a diversified portfolio of loans secured against assets across a range of sectors predominantly in the UK.

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