GCP Asset Backed Income (LON:GABI) Releases Quarterly Earnings Results

GCP Asset Backed Income (LON:GABIGet Free Report) issued its quarterly earnings results 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 Stock Performance

GABI stock traded down GBX 0.30 during mid-day trading on Thursday, hitting GBX 60.50. The company had a trading volume of 41,127 shares, compared to its average volume of 172,004. GCP Asset Backed Income has a 12 month low of GBX 59 and a 12 month high of GBX 76.52. The stock’s fifty day moving average price is GBX 61.89 and its two-hundred day moving average price is GBX 63.01. The firm has a market cap of £64.34 million, a PE ratio of -151.25 and a beta of 0.29.

GCP Asset Backed Income Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for GCP Asset Backed Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GCP Asset Backed Income and related companies with MarketBeat.com's FREE daily email newsletter.