GCP Asset Backed Income (LON:GABI – Get Free Report) announced its earnings results on Tuesday. The company reported GBX (1.30) earnings per share (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 Stock Performance
GABI traded down GBX 0.30 during mid-day trading on Thursday, reaching GBX 60.50. 41,127 shares of the stock were exchanged, compared to its average volume of 172,004. The stock has a market capitalization of £64.34 million, a PE ratio of -151.25 and a beta of 0.29. The company has a 50 day moving average price of GBX 61.89 and a two-hundred day moving average price of GBX 63.01. GCP Asset Backed Income has a 1 year low of GBX 59 and a 1 year high of GBX 76.52.
About GCP Asset Backed Income
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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