Vanquis Banking Group (LON:VANQ) Shares Down 2.2% – Here’s What Happened

Vanquis Banking Group plc (LON:VANQ) fell 2.2% during mid-day trading on Tuesday . The company traded as low as GBX 44.70 ($0.55) and last traded at GBX 45 ($0.55). 224,650 shares changed hands during trading, a decline of 39% from the average session volume of 366,970 shares. The stock had previously closed at GBX 46 ($0.56).

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “house stock” rating on shares of Vanquis Banking Group in a research report on Thursday, November 7th.

Vanquis Banking Group Stock Down 2.2 %

The business has a 50-day simple moving average of GBX 44.32 and a 200-day simple moving average of GBX 51.02. The company has a market cap of £115.42 million, a PE ratio of -450.00 and a beta of 1.45.

About Vanquis Banking Group